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Shares of Vapid Motors are currently trading for $55. Put options on Vapid shares, which expire in six months with a strike price of $50,

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Shares of Vapid Motors are currently trading for $55. Put options on Vapid shares, which expire in six months with a strike price of $50, are trading for $5. A trader buys one put option contract. Assume that there is one share per contract. At maturity, what is the payoff to the put option holder if the stock price is $40

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