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q.15 An investor uses a long protective put strategy. The current stock price is $35.00, strike price for the option is $32.00, and the option

q.15 An investor uses a long protective put strategy. The current stock price is $35.00, strike price for the option is $32.00, and the option premium is $2.00. The investor will start making a profit on this protective put strategy as long as the stock price at maturity is

Select one:

Greater than $37.00

Greater than $35.00

Greater than $32.00

The investor will always make a profit from this strategy

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