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You write one Microsoft September $165 put option contract (that is, strike price = $165...

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Finance

You write one Microsoft September $165 put option contract (that is, strike price = $165 and you write 100 options) priced at $20 per option. If, at expiration, the price of a share of Microsoft stock is $160, your net profit or loss would be

Select one:

a. $1,500

b. $2,000

c. -$1,500

d. -$2,000

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