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Consider the following information on options from the CBOE for Merck: MRK 41.95+0.53 5) You have decided to sell (write) 5 January 2009 put options

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Consider the following information on options from the CBOE for Merck: MRK 41.95+0.53 5) You have decided to sell (write) 5 January 2009 put options on Merck with an exercise price of $45 per share. How much money will you receive? Answer exactly how much dollars, say $xxx, only put in xx

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