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You buy an American put option priced at $0.025/ on 225,000 at a strike price of $1.50/. You wait until expiration date where the observed
You buy an American put option priced at $0.025/ on 225,000 at a strike price of $1.50/. You wait until expiration date where the observed price is $1.40/, what is the total net cash flow involved at the end of this investment whether you exercise or do not exercise this option? [Ignore TVM]
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