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Suppose another investor in January purchases one April put option contract with a strike price of $17.50 for the total cost of $72.50. In this

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Suppose another investor in January purchases one April put option contract with a strike price of $17.50 for the total cost of $72.50. In this case, the investor obtains the right sell 100 Intel shares for $17.50 per share prior to April 21. What is the net profit/loss if the price of the stock in April is $20? Loss of $200 O Gain of $200 O Loss of $175 Gain of $177.50 Gain of $72.50 Loss of $72.50 O Gain of $175 Loss of $177.50

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