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Question 38 (1 point) ABC Company shares are currently trading at $37.50 . For $2.50 an investor purchases a put option expiring in September with
Question 38 (1 point)\
ABC
Company shares are currently trading at
$37.50
. For
$2.50
an investor purchases a put option expiring in September with a strike price of
$33.50
. At what
ABC
company share price will this position become profitable for the investor?\ a) At a price above
$36
\ b) At a price above
$40
\ c) At a price below
$31
\ d) At a price equal to
$35
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