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Three months ago, you purchased a put option on Nole stock with a strike price of $60 and an option price of $0.5. The option
Three months ago, you purchased a put option on Nole stock with a strike price of $60 and an option price of $0.5. The option expires today when the value of Nole stock is $56.06 Ignoring trading costs and taxes, what is your total profit or loss on your investment? (Round answer to 2 decimal places. Do not round intermediate calculations).
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