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2. You buy a put option with a strike price of $35 for $4. At expiration, the underlying stock price is $32 a. What
2. You buy a put option with a strike price of $35 for $4. At expiration, the underlying stock price is $32 a. What is the payoff? b. What is the profit? C. What is the break-even price?
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Get StartedRecommended Textbook for
Financial statements
Authors: Stephen Barrad
5th Edition
978-007802531, 9780324186383, 032418638X
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