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You have written a put option on Diebold incorporated common stock. The option has an exercise price of $48 and Diebold's stock currently trades at

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You have written a put option on Diebold incorporated common stock. The option has an exercise price of \$48 and Diebold's stock currently trades at $50.50. The option premium is $1.05 per contract. o. What is your net profit if Diebold's stock price increases to $52 and stays there until the option expires? b. What is your net profit on the option if Diebold's stock price decreases to $45 at expiration of the option and the option hoider exercises the option? (For all requirements, negative amounts should be indicated by a minus sign, Round your answers to 2 decimal places. (e.g.; 3216) )

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