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You purchase one MB1 July 452 put contract (equaling 100 shares) for a premium of $3,47. You hold the option until the expiration date, when

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You purchase one MB1 July 452 put contract (equaling 100 shares) for a premium of $3,47. You hold the option until the expiration date, when MBA stock sells for $447.27 per share. You will realize a on the Investment. $126,00 profit $347.00 loss $126.00 loss $347.00 profit

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