What is your profit or loss on the put

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Problem - You buy a put option on Bluefish stock that has a strike price of $15 and a premium of $2. What is your profit or loss on the put if just prior to expiration Bluefish trades for $12 per share?

Reference no: EM132887022

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What is your profit or loss on the put : Problem - You buy a put option on Bluefish stock that has a strike price of $15 and a premium of $2. What is your profit or loss on the put
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