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Mr. A purchased a put option on 100 shares of R Ltd. The details of the transaction are: Current Market Price of R Ltd =

Mr. A purchased a put option on 100 shares of R Ltd. The details of the transaction are:

Current Market Price of R Ltd = Rs. 199

Exercise Price = Rs. 200

Option Premium = Rs. 5

Closing Price of R Ltd = Rs. 207

Compute Payoff from the position on closing

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