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Question
You purchased a put with a strike price of $37.5 and an option premium of $0.45. You simultaneously bought the stock at a price of $36 a share. What is your profit per share on these transactions if the stock price at expiration is $33.50?A. -$1.15
B. -$0.15
C. $0.15
D. $0.75
E. $1.05
Answer
This answer is hidden. It contains 39 characters.
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