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Consider the following data for Stock x Y Z and then choose the correct answer to the question below: Current Price of Stock XYZ $

Consider the following data for Stock xYZ and then choose the correct answer to the question
below:
Current Price of Stock XYZ $35.00
Exercise Price of 3-month Put ,$40.00
Market Price of Put $8.00
If at expiration of the put option the price of the stock is at $30.00, what would be the % return
earned or lost by a buyer of the put option?
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