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Suppose you brought a put option with a strike price of $52 for $3. What would be your payoff if the underlying stock was
Suppose you brought a put option with a strike price of $52 for $3. What would be your payoff if the underlying stock was priced $58 at option expiration? A) -$3 B) $9 C) 6 D) $3 E) $0
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