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you sold five put options on Wexmeyer stock with an exercise price of $55 and an option price of $1.70. Today, the contract expires and
you sold five put options on Wexmeyer stock with an exercise price of $55 and an option price of $1.70. Today, the contract expires and the stock is selling for $56.25 a share. What is your net profit or loss on this investment? ignoring trading cost and taxes. a) $-1,475 b) $-225 c)$225 d)$850 e)$1,475 please show how you got the answer
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