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You received no credit for this question in the previous attempt. Suppose you purchase 6 put contracts on Testaburger Company. The strike price is $40

image text in transcribed You received no credit for this question in the previous attempt. Suppose you purchase 6 put contracts on Testaburger Company. The strike price is $40 and the premium is $5.30. If, at expiration, the stock is selling for $31 per share, what are your put options worth? What is your net profit

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