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You purchase one MBI March 130 put contract for a put premium of $15 (Each stock option contract provides for the right to buy or

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You purchase one MBI March 130 put contract for a put premium of $15 (Each stock option contract provides for the right to buy or sell 100 shares of stock). The maximum gain you could obtain from this strategy is A. $11,500 B. $9,500 C. $115 D. $10,500

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