Question: Question 3 You purchased four put option contracts with a strike price of $95 and a premium of $1.09. What is the total net amount

Question 3 You purchased four put option contracts with a strike price of $95 and a premium of $1.09. What is the total net amount you will receive for your shares if you exercise this contract when the underlying stock is selling for $85.5 a share? step by step

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