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You bought four put options (each on 100 shares) on EZ stock with an exercise price of $35 per share and an option price of

You bought four put options (each on 100 shares) on EZ stock with an exercise price of $35 per share and an option price of $1.35 per share. Today, the contracts expire and the stock is selling for $36.25 a share. What is your net profit or loss on this investment? Ignore commissions and taxes. Round the answer to the nearest dollar. Enter as positive if a profit; enter as negative if a loss.

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