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Question 10 - Suppose you bought a put option for stock XYZ, which has a strike price of $100 and expires today. Suppose XYZ is

Question 10 - Suppose you bought a put option for stock XYZ, which has a strike price of $100 and expires today. Suppose XYZ is trading at $98 today. Price of a put option was $3. Will you exercise the put option? Yes or no, and why.

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