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You buy a put with a strike price of $50 and an option premium of $2.20. You simultaneously buy the stock at a price of
You buy a put with a strike price of $50 and an option premium of $2.20. You simultaneously
buy the stock at a price of $50 a share. What is your profit per share on these transactions if the
stock price at expiration is $55.19?
A.
$2.99
B.
$2.20
C.
$5.19
D.
-$2.99
E.
-$2.20
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