the recent price per share of company x is $50 per share. verna buys 100 shares at $50. to protect against a fall in price, verna buys one put, covering 100 shares of company x, with a strike price of $40. the put premium is $1 per share. if company x closes at $45 per share at the expiration of the put, and verna sells her shares at $45. verna's profit from the stay/put is closest to: