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FINAN 518

$12.99

FINAN 518 Three months ago, you purchased a put option on Nole stock with a strike price of $60 and an option price of $1.02. The option expires today when the value of Nole stock is $62.79 Ignoring trading costs and taxes, what is your total profit or loss on your investment?(Round answer to 2 decimal places, round intermediate calculations to 5 decimal places)

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