Question: Question 26 You purchased five (5) put option contracts on CCC stock with a strike price of $30 and an option price of $0.60. The

Question 26 You purchased five (5) put option contracts on CCC stock with a strike price of $30 and an option price of $0.60. The option expires today when the value of WXX stock is $29.5. Ignoring trading costs and taxes, what is your total profit on your investment? (Note: one contract has 100 options.) O $250 O -$50 0-$300

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