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You have purchased a put option on ABC common stock for $3 per contract. The...

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Finance

You have purchased a put option on ABC common stock for $3 per contract. The option has an exercise price of $55. What is your net profit on this option if stock price is $44 at expiration?
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Question 20 You have purchased a put option on ADC Common stock for 3 per contract the options and if What you look

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