What is the payoff for a put option

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What is the payoff for a put option with a strike price of $50 if the stock price at expiration is $65? Please provide detail of how you got your answer

Reference no: EM131312517

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What is the payoff for a put option : What is the payoff for a put option with a strike price of $50 if the stock price at expiration is $65? Please provide detail of how you got your answer
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