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6. You purchase one DEF company December 2021 $72 put contract for a premium of $1.32. What is your maximum possible profit? DEF Company Underlying
6. You purchase one DEF company December 2021 $72 put contract for a premium of $1.32. What is your maximum possible profit? DEF Company Underlying stock Price = $71.75 Expiration Strick Call Put November 16, 2021 70 2.02 0.24 November 16, 2021 72 0.67 0.90 November 16, 2021 74 0.13 2.37 December 7, 2021 70 2.40 0.58 December 7, 2021 72 1.15 1.32 December 7, 2021 74 0.42 2.59 7. Chapter 15 Problems sets: 12
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