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The price of a stock is 90 and 6-month options are written. Tom purchases a 93 strike European put for 6.20 and sells a 90
The price of a stock is 90 and 6-month options are written. Tom purchases a 93 strike European put for 6.20 and sells a 90 strike for 11.16. Given the interests is 6%, what is Tom's profit after 6 months if the stock price is 91 at that time.
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