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What was alice net profit on the option

Problem:

Alice Duever purchased a put option on British pounds for $.04 per unit. The strike price was $1.80 and the spot rate at the time the pound option exercised was $1.59. Assume there are 31,250 units in a British pound option. What was Alice's net profit on the option?

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Finance Basics: What was alice net profit on the option

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