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Draw the profit diagram for a long position in a put option on shares of the Wireless Electricity Co. The strike price of the option
Draw the profit diagram for a long position in a put option on shares of the Wireless Electricity Co. The strike price of the option is $20 and the put premium is $3. What is the break-even price for this position in this option? Assume that the option contract is for one share only. $20 $3 $23 O $17
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