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You purchase one Blue Bell Inc. September 120 put contract for a premium of $3.17. You hold the option until the expiration date when

You purchase one Blue Bell Inc. September 120 put contract for a premium of $3.17. You hold the option until the expiration date when Blue Bell stock sells for $128.84 per share. Calculate gain/loss that you will realize on this investment. Remember that the size of the option contract is 100.

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