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Shale Corporation purchases BRL put options with a strike price of USD 0.5250. The option premium is USD 0.0150 per currency unit. Calculate option profit
Shale Corporation purchases BRL put options with a strike price of USD 0.5250. The option premium is USD 0.0150 per currency unit. Calculate option profit (per unit) for a spot value of 0.4500 at maturity (use x.xxxx)
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