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Options trade on the common stock of Dieter, Gmbh that have a strike price of $50.75 and a premium of $2.25. Calculate the net profit

Options trade on the common stock of Dieter, Gmbh that have a strike price of $50.75 and a premium of $2.25. Calculate the net profit or loss from WRITING a PUT option on Dieter if at the time of expiration the price per share of Dieter is $53.50.

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