Suppose you believe that Merc's stock price is going to decline from its current level of $82.50 sometime during the next 5 months. For S510.25 you could buy a 5-month put option giving you the right to sell 100 shares at a price of $83.00 per share. If you bought a 100-share contract for $510.25 and Merc's stock price actually dropped to $63.00, what would be your net profit (after transactions costs but before taxes)? $1,489.75 $2,000.00 $1,439.75 $2,435.00 1,950.00