A put option if purchased and held for 1 year the exercise

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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. $1.62
B. $5.17
C. $1.93
D. $3.55

Reference no: EM13485789

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