This morning, when the cost of Didier, Incorporated, stock was $18.85 per share and the 1-year $20 Didier put was priced at $1.45 per share, Alexia adopted a European protective put strategy. How much profit per share will she earn from this strategy if the stock is worth $16 per share on the put expiration date? Multiple Choice $2.85 $1.15 $2.60 $1.40 $.30