a. You think that shares of MCD will fall in price in the immediate future, and you

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a. You think that shares of MCD will fall in price in the immediate future, and you want to speculate on the stock. Compare (graphically)

the following two alternatives: purchasing 1,000 MCD options with an exercise price of $90 versus purchasing 1,000 MCD put options with a strike of $95.

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Related Book For  book-img-for-question

Principles Of Finance With Excel

ISBN: 9780190296384

3rd Edition

Authors: Simon Benninga, Tal Mofkadi

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