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You believe that oil pelces will be rising more than expected, and that rishg prices will resut in lower eamings for industrial companies that use

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You believe that oil pelces will be rising more than expected, and that rishg prices will resut in lower eamings for industrial companies that use a lot of petreleum-reloted products in their operations You also believe that the effects on this sector wil be magnifed because consumer demand wil fat as ol prices rise. You locate an ewehange traded fund, OLT, that represponts a basket of industro companies. You don't want to short the ETF because you don't have enough margin in your account. OLT is currently trading at $32.83. You declade to buy a put option (for 100 ahares) with a strike price of $33.$0, priced at $2.22. What is your profit if you are wrong and the price of XLB increases to $35.50 on the expiration date? (Cick on the icon here O. In ander to copy the contents of the data table below into a spreadiheet.) If you are wrong and the price of XL. B increases to $35.60 on the expiration date, the profts (Round to the nearest dolia: Enter a negative number for a ioss)

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