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Donia purchased 2509 shares of SAMBA stock at $48 per share to hedge herself; she purchases a put option contract Exercise price $62 and the

Donia purchased 2509 shares of SAMBA stock at $48 per share to hedge herself; she purchases a put option contract

Exercise price $62 and the premium is $3 per-contract. After 20 days, the price of the stock declines to $45. If the option is American, compute profit (loss) for the writer

Round your answer to 2 decimal places.

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