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Rosa acquired 10 put option contracts on Imports United stock. The strike price was $42.50 and the option premium was $1.1. At expiration, Imports stock

Rosa acquired 10 put option contracts on Imports United stock. The strike price was $42.50 and the option premium was $1.1. At expiration, Imports stock was selling for $45.92. What is the payoff on the option contracts? Answer should be formatted as a number with 2 decimal places (e.g. 99.99). Please do it in an easy to follow step by step

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