When ABC was trading at $52 per share, you paid $4.20 for a put option (for one share) on the stock of ABC with a strike price of $50, and six months until maturity. After six months, the share price of ABC is $54.10.What is the value of the put option at expiration? Do not include the $ sign and answer to the nearest $0.01.

The value of a put option at expiration is determined by the difference between the strike price and the market price of the underlying asset. If the market price is higher than the strike price, the put option is worthless because it would be more profitable to sell the asset in the market than to exercise the option.

In this case, the strike price of the put option is $50 and the market price of ABC at expiration is$54.10. Since the market price is higher than the strike price, the put option is worthless. Therefore, the value of the put option at expiration is $0.00.

The value of a put option at expiration is determined by the difference between the strike price and the market price of the underlying asset. If the market price is higher than the strike price, the put option is worthless because it would be more profitable to sell the asset on the market than to exercise the option.

In this case, the strike price of the put option is $50 and the market price of ABC at expiration is$54.10. Since the market price is higher than the strike price, the put option is worthless. Therefore, the value of the put option at expiration is $0.00.

The value of a put option at expiration is determined by the difference between the strike price and the market price of the underlying asset. If the market price is higher than the strike price, the put option is worthless because it would be more profitable to sell the asset on the open market than to exercise the option.

In this case, the strike price of the put option is $50 and the market price of ABC at expiration is$54.10. Since the market price is higher than the strike price, the put option is worthless.

Therefore, the value of the put option at expiration is $0.00.

The value of a put option at expiration is determined by the difference between the strike price and the market price of the underlying asset. If the market price is higher than the strike price, the put option is worthless because it would be more profitable to sell the asset on the open market than to exercise the option.

In this case, the strike price of the put option is $50 and the market price of ABC at expiration is$54.10. Since the market price is higher than the strike price, the put option is worthless. Therefore, the value of the put option at expiration is $0.00.

The value of a put option at expiration is determined by the difference between the strike price and the market price of the underlying asset. If the market price is higher than the strike price, the put option is worthless because it would be more profitable to sell the asset on the open market than to exercise the option.

In this case, the strike price of the put option is $50 and the market price of ABC at expiration is$54.10. Since the market price is higher than the strike price, the put option is worthless.

Therefore, the value of the put option at expiration is $0.00.

The value of a put option at expiration is determined by the difference between the strike price and the market price of the underlying asset. If the market price is higher than the strike price, the put option is worthless because it would be more profitable to sell the asset on the open market than to exercise the option.

In this case, the strike price of the put option is $50 and the market price of ABC at expiration is$54.10. Since the market price is higher than the strike price, the put option is worthless at expiration. Therefore, the value of the put option at expiration is $0.00.

The value of a put option at expiration is determined by the difference between the strike price and the market price of the underlying asset. If the market price is higher than the strike price, the put option is worthless because it would be cheaper to buy the asset directly from the market than to exercise the option.

In this case, the strike price of the put option is $50 and the market price of ABC at expiration is$54.10. Since the market price is higher than the strike price, the put option is worthless. Therefore, the value of the put option at expiration is $0.00.

The value of a put option at expiration is determined by the difference between the strike price and the stock's market price. If the stock's market price is higher than the strike price, the put option is worthless because it would be more profitable to sell the stock on the open market than to exercise the option.

In this case, the strike price of the put option is $50, and the market price of the stock at expiration is$54.10. Since the market price is higher than the strike price, the put option is worthless. Therefore, the value of the put option at expiration is $0.00.