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The price for a put option contract on 100 shares of XYZ stock, at a strike price of $50/share at the expiry date in 6

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The price for a put option contract on 100 shares of XYZ stock, at a strike price of $50/share at the expiry date in 6 months is $30 Assume jane shorts an option and invests the proceeds at 5%. Calculate her net position (gain/loss), to nearest cents, assume the stock price is $49.75 at maturity

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