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Assume that you are long a put option on PQR stock which has a strike price X = $35. The put initially costs $3, What
Assume that you are long a put option on PQR stock which has a strike price X = $35. The put initially costs $3, What is the profit or loss on put if the price of PQR stock at expiration (ST) is $30?
A. | -$2 | |
B. | $2 | |
C. | $5 | |
D. | $8 |
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