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You purchase one IBM March 1 0 0 put contract for 1 0 0 dollars and a put premium of $ 6 . What is

You purchase one IBM March 100 put contract for 100 dollars and a put premium of $6. What is the maximum profit that you could gain from this strategy?

a. 10,000

b. 10,600

c. 9400

d. no enough information

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