You have purchased a put option on ABC common stock for $3 per contract. The option has an exercise price ot $58. What is your net profit on this option if stock price is $43 at expiration?

Chek Subout to complete this assessment Osesti Question 3 1 points You have purchased a put option on ABC common stock for $3 por contact. The option has Kris pece of what your notrofion this stoch