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QUESTION 1 An investor buys a European put on a share for $2. The stock price is $53 and the strike price is $50. 1.

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QUESTION 1 An investor buys a European put on a share for $2. The stock price is $53 and the strike price is $50. 1. Under what circumstances will the option be exercised? 2. Under what circumstances does the investor make a profit? Arial MET TT TT Paragraph %DOQ Mashup 3(12pt) T' T. BI Words: Path: P

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