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Question 4 Juana bought a 6-month XX put option with an exercise price of for a premium of when XX share was selling for Assume

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Question 4 Juana bought a 6-month XX put option with an exercise price of for a premium of when XX share was selling for Assume at expiration XX is selling for What is Juana's dollar gain or loss? $50 $8 $48 $42

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