In Example 3.4, you bought two Nike 65 put contracts for $56. Suppose that the expiration date
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● In Example 3.4, you bought two Nike 65 put contracts for $56. Suppose that the expiration date arrives and Nike is selling for $45 per share. How did you do? What’s the break-even stock price, that is, the stock price at which you just make enough to cover your $56 cost?
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Related Book For 
Fundamentals Of Investments Valuation And Management
ISBN: 9781260013979
9th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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