What is your total profit or loss on your investment

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Reference no: EM131575818

Three months ago, you purchased a put option on WXX stock with a strike price of exist60 and an option price of exist.60. The option expires today when the value of WXX stock is exist62.50. Ignoring trading costs and taxes:

a. What is your total profit or loss on your investment?

b. Using a free hand graph, graphically present the profit/loss position above.

Reference no: EM131575818

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