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ple Choices
(Choose 1 answer)
(27580) A put option is purchased and held for 1 year. The Exercise price on the underlying asset is $40. If the current price of the asset is $36.45 and the future value of the original option premium is (-$1.62), what is the put profit, if any, at the end of the year?
A. $1.62
B. $1.93
C. $3.55
D. $5.17

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13