540

AT

-16.70

May

17.40

17.70

550

.80

9.10

20

9.90

10.20

5.10

5.30

1)Alpha company is supposed to deliver 200 ounces of gold to the marke

company needs to hedge the position at the 550-exercise price. How muc

receive in total, including the option premium, for the 200 ounces of gold

gold is $552 in April? (Gold - 100 troy oz.; $ per troy oz.)

2) What position has been taken by the company? When would the com

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