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The following price quotations are for exchange-listed options on Apple common stock. Company Strike Expiration Call Put Apple 54 Feb 4.22 0.35 With transaction costs
The following price quotations are for exchange-listed options on Apple common stock.
Company | Strike | Expiration | Call | Put |
Apple | 54 | Feb | 4.22 | 0.35 |
With transaction costs ignored, how much would a buyer have to pay for one put option contract. Assume each contract is for 100 shares.
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