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Basic Question 10 of 11

The breakeven price of a short put position is $45.00 for a stock. The premium received for the put position is $2.50. What will be the profit on the position at expiration if the stock ends at $46.50?

A. -$1.00
B. $1.50
C. $2.50

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Learning Outcome Statements

explain the exercise value, moneyness, and time value of an option

CFA® 2025 Level I Curriculum, Volume 5, Module 8.