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eBook Alice Duever purchased a put option on British pounds for $0.06 per unit. The strike price was $1.73 and the spot rate at

eBook Alice Duever purchased a put option on British pounds for $0.06 per unit. The strike price was $1.73 and the spot rate at the time the pound option was exercised was $1.52. Assume there are 30,450 units in a British pound option. What was Alice's net profit on the option? Use a minus sign to enter loss values, if any. Round your answer to the nearest cent. $

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