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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 1.18/$ and with an expiration date six months from now. The option is for $100,000. What is Peleh's NET profit or loss (in ) at maturity if the ending spot rate is 120.10/$?
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