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Three months ago, you purchased a put option contract on WXX stock with a strike price of $61 and an option price of $.60. The

Three months ago, you purchased a put option contract on WXX stock with a strike price of $61 and an option price of $.60. The option expires today when the value of WXX stock is $63.50. Ignoring trading costs and taxes, what is your total profit on your investment?

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