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Suppose you purchase ten put contracts on Testaburger Co. The strike price is $45, and the premium is $3.00. If, at expiration, the stock is

Suppose you purchase ten put contracts on Testaburger Co. The strike price is $45, and the premium is $3.00. If, at expiration, the stock is selling for $41 per share, what are your put options worth? What is your net profit? (Omit the "$" sign in your response.)

Put options worth $ ?

Net profit $ ?

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