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You sold eight put option contracts on PLT stock with an exercise price of $32.50 and an option price of $1.10.Today,the option expires and the underlying stock is selling for $34.30 a share.Ignoring trading costs and taxes,what is your total profit or loss on this investment?
Technological Advance
Improvements in technology, leading to more efficient production processes, new product features, or entirely new products.
Economic Growth
An increase in the production of goods and services in an economy over a period of time, typically measured by GDP.
The United States
A country in North America comprising 50 states, characterized by a federal form of government and known for its economic and military power.
The Former Soviet Union
A term referring to the socialist state that existed from 1922 to 1991, comprising Russia and several other republics.
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