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Question: The price of BBB stock is $80.A speculator believes that the price of BBB stock will drop by at situation, he purchased least 25% the next month. order to take advantage of ums of $1. What is the P&I of the money 1-month put options with a strike of $75 a put premium particular pur option? What is the breakeven point? What is the maximum gain for the buyer of a put option? What is the breakeven point? What is the maximum again for the buyer of a put option? What is his loss? If his ion materializes, what is his return?

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