Question: You pay $6.41 to go long on a put option with an exercise price of $74. If the underlying stock is trading at $52.79

You pay $6.41 to go long on a put option with an exercise price of $74. If the underlying stock is trading at $52.79 on the expiration date, what will your total profit or loss be from the option? (if it is a loss, enter it as a negative number)

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