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Suppose you believe that Apple's stock price is going to decline from its current level of $84.37 sometime during the next 5 months. For $580.49

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Suppose you believe that Apple's stock price is going to decline from its current level of $84.37 sometime during the next 5 months. For $580.49 you could buy a 5 month put option giving you the right to sell 100 shares at a price of $85.00 per share. If you bought a 100-share contract for $580.49 and Apple's stock price actually changed to $73.29 at the end of 5 months, and after behaving economically rationally on your decision to exercise the option, your net profit (or loss) would be Show your answer to the nearest.01. Do not use \$ or + signs in your answer. However, use a - sign if you lose money on the contract

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