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An investor owns a put option on a stock with a strike price of $ 2 8 . 4 2 . If the price of

An investor owns a put option on a stock with a strike price of $28.42. If the price of the stock is $24.45 on the expiration date, what is the value of the option?
Multiple Choice
$24.45 per share
$0
-$24.45 per share
$3.97 per share
-$3.97 per share
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