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Problem 2: Six months ago, you purchased 100 shares of a stock at a price of S35 per share. At that time, you purchased a

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Problem 2: Six months ago, you purchased 100 shares of a stock at a price of S35 per share. At that time, you purchased a put option with a S35 strike price of S3 (with six month maturity). The stock currently trades at $40. Calculate the dollar return on this option strategy

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