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Consider a put option selling for $350 in which the exercise price is $3,500, and the price of the underlying is $3,850. Based on the

Consider a put option selling for $350 in which the exercise price is $3,500, and the price of the underlying is $3,850. Based on the Black-Scholes pricing model, if the price of the underlying at expiration is $3,150, what is the put buyers profit?

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