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You have written a put option on Diebold Incorporated common stock. The option has an exercise price of $ 2 8 and Diebold's stock currently

You have written a put option on Diebold Incorporated common stock. The option has an exercise price of $28 and Diebold's stock currently trades at $30.50. The option premium is $0.75 per contract.
a. What is your net profit if Diebold's stock price increases to $32 and stays there until the option expires?
b. What is your net profit on the option if Diebold's stock price decreases to $25 at expiration of the option and the option holder exercises the option?
Note: For all requirements, negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places. (e.g.,32.16)
\table[[a. Net profit,per share],[b. Net profit,per share]]
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