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Peleh, a Japan based investor, WRITES a put option on dollar with a strike price of 1 2 5 / $ at a premium of

Peleh, a Japan based investor, WRITES a put option on dollar with a strike price of 125/$ at a premium of 1.35/$ and expires in 120 days. The option is for $100,000. What is Peleh's NET profit or loss (in ) at maturity if the ending spot rate is 131.20/$?135,000
138,000
118,000
121,000
115,000
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