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You buy a put with a strike K=59 at a premium of $1.62. At maturity, the underlying stock price is at $61.01. What is your

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You buy a put with a strike K=59 at a premium of $1.62. At maturity, the underlying stock price is at $61.01. What is your profit/loss? The premium is the price you pay to buy the option. Enter a profit as positive, and a loss as negative. (Do NOT multiply by 100 for a lot of 100 options)

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