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One month ago, Mr. White took a long position in a forward contract on the stock of AON at the forward price of $332. Eight
One month ago, Mr. White took a long position in a forward contract on the stock of AON at the forward price of $332. Eight months ago, Mr. White sold a put option on the stock of AON with a strike price of $329. Today, the contract matures, the option expires, and the spot price of AON is $336. What is the payoff of Mr. White's strategy?
A) $ 4
B) $ 6
C) $ 0
D) $ 1
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