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Sohar company makes a put option with Dhofar company to sell 1600 tons of petroleum at a rate of 208.7 per ton to be exercised

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Sohar company makes a put option with Dhofar company to sell 1600 tons of petroleum at a rate of 208.7 per ton to be exercised six months later. At the time of contract is signed, 1 ton of petroleum is 202 OMR. Six months later, Sohar company exercises the option and makes 6700 OMR of profit. Calculate the actual price on the date of exercise. n Select one: O a. 206.188 O b. 204.512 O c. 212.887 O d. 197.812 page Next nane

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