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You purchase 20 put option contracts on BMG stock. The strike price is $42, and the option premium is $1.5 per share. The contract size

You purchase 20 put option contracts on BMG stock. The strike price is $42, and the option premium is $1.5 per share. The contract size is 100 shares.

a. If the stock is selling for $40 per share at expiration, what are your put options worth?

b. What is your net profit?

c. What if the stock were selling for $41? $44?

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