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One month ago you purchased a put option on the S&P500 Index with an exercise...

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Finance

One month ago you purchased a put option on the S&P500 Index with an exercise price of $900.00. Today is the expiration date, and the index is at $896.46.

a. Will you exercise the option?

(Click to select) v

b. What will be your profit? (Enter "O" if there is no profit or return from not exercising the option. Round your answer to 2 decimal places)

Profit:

image

One month ago you purchased a put option on the S\&P500 Index with an exercise price of $900.00. Today is the expiration date, and the index is at $896.46. a. Will you exercise the option? b. What will be your profit? (Enter "0" if there is no profit or return from not exercising the option. Round your answer to 2 decimal places.) Profit

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