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You purchase one IBM July 120 put contract for a price of $5. You hold the option until the expiration date when IBM stock sells
You purchase one IBM July 120 put contract for a price of $5. You hold the option until the expiration date when IBM stock sells for $113 per share. You will realize a ______ on the investment. |
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| A) | $300 profit | |
| B) | $200 loss | |
| C) | $500 loss | |
| D) | $200 profit |
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