You purchased a put option for 689 fifteen days ago the


You purchased a put option for $6.89 fifteen days ago. The call has a strike price of $95 and the stock is now trading at $91. If you exercise the put today, what is the value of the option? What is the profit you will make on the put? How much did the seller of the put earn as profit?

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Financial Management: You purchased a put option for 689 fifteen days ago the
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