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Three months ago, you purchased three put option contracts on ABC stock with a strike price of $60 and an option price of $0.60. The

Three months ago, you purchased three put option contracts on ABC stock with a strike price of $60 and an option price of $0.60. The option expires today when the value of ABC stock is $48.10. Ignoring trading costs and taxes, what is your profit on the investment?
A) $1130
B) $180
C) $3390
D) $60

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