Question: At time zero, you enter in a long position in a put of strike K=5.60, and maturity of 1 year. The premium of the option
At time zero, you enter in a long position in a put of strike K=5.60, and maturity of 1 year. The premium of the option at time zero was $2.47. At maturity, the price of the underlying is 7.59. What is the profit/loss per option?
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