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4) You write an IBM July put contract at $120 for premium of $4. You hold the option until expiration when share price is $121.
4) You write an IBM July put contract at $120 for premium of $4. You hold the option until expiration when share price is $121. What is the payout and the profit? Please plot a graph.
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Financial Management Theory And Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
17th Edition
0357714482, 9780357714485
