2. What will Freds minimum profit be if he buys three puts at the indicated option price?...

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2. What will Fred’s minimum profit be if he buys three puts at the indicated option price? How much would he make if he didn’t hedge but instead sold his shares immediately at a price of $7.50 per share?

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Fundamentals Of Investing

ISBN: 9781442532885

3rd Edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Scott Smart, Roger Juchau, Donald Ross, Sue Wright

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