Find the value using given information

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Question: You purchase one Cisco July 15.00 put contract for a premium of $5.00. You hold the option until the expiration date when Cisco stock sells for $17.50 per share. You will realize a ______ on the investment. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132061428

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