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Suppose that a trader takes a long position in an October put option contract on a stock with a strike price of $61. The stock

Suppose that a trader takes a long position in an October put option contract on a stock with a strike price of $61. The stock is currently trading at $54.2. The contract is on 100 options and the option price is $7.8. The trader holds the contract until maturity. What is the profit of the trader if the price of the stock is $72 at maturity

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