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A put option if 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. $1.62B. $5.17C. $1.93D. $3.55
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You purchased an item costing $5,700 on July 13. The terms of sale were 1/5, net 20. What is the last day you can pay the discounted price?
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