Question: Question 10 65 pts At time zero, you enter in a short position in a put of strike K-5.20, and maturity of 3 year. The

 Question 10 65 pts At time zero, you enter in a

Question 10 65 pts At time zero, you enter in a short position in a put of strike K-5.20, and maturity of 3 year. The premium of the option at time zero was $2.11. At maturity, the price of the underlying is 7.64. What is the profit/loss per option? {Enter your answer in dollars with 2 decimals, but do not use the "s". Enter a loss with a negative sign. For example, if the profit/loss is 123.45, enter-123.45 with the negative sign for your answer.)

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