Question
24. Set up a collar on AAPL shares, assuming you purchased 2,000 shares on 4/22/2020 at $276.10, and set up the collar with a June
24. Set up a collar on AAPL shares, assuming you purchased 2,000 shares on 4/22/2020 at $276.10, and set up the collar with a June 250 put and a June 280 call. a. How many call contracts are needed? Put premium on June 250 = 9.62. Call premium on June 280 call = 16.19
What is the total value of to the investor of the premiums? $188 c. Find the profit for the following AAPL stock prices at expiration: $180, $230, $280, $330, $380.
-$52,012; -$52,012; $7,988; $47,988; $39,988; $87,988
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Fundamentals Of Corporate Finance
Authors: Stephen A Ross, Randolph W Westerfield, Bradford D Jordan
7th Edition
0073134295, 9780073134291
