You purchase a stock at $75 and simultaneously purchase a put with a $75 strike price and a premium of $2.63. What is your profit per share on this transaction if the stock price at expiration is $68.46?
A) -$6.54
B) $3.91
C) -$9.17
D) -$3.91
E) -$2.63

Question

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The Answer of You purchase a stock at $75 and simultaneously purchase a put with a $75 strike price and a premium of $2.63. What is your profit per share on this transaction if the stock price at expiration is $68.46?
A) -$6.54
B) $3.91
C) -$9.17
D) -$3.91
E) -$2.63

You Purchase a Stock at $75 and Simultaneously Purchase a Put