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Suppose You Purchased 2 Put Option Contracts with a Strike

Question 26

Multiple Choice

Suppose you purchased 2 put option contracts with a strike price of $37.50 and a premium of $0.40. What is your net amount you will receive for your shares if you exercise this contract?


A) $3,710
B) $3,790
C) $5,750
D) $7,420
E) $7,580

Correct Answer:

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