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8) Mirror Music stock is selling for $41.14 per share, the $40 puts are priced at $.33, and the $40 calls are priced at $2.47.

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8) Mirror Music stock is selling for $41.14 per share, the $40 puts are priced at $.33, and the $40 calls are priced at $2.47. How much will you receive if you write thirty $40 put option contracts? A) $244.20 B) $990.00 C) $8.14 D) $9.90 E) $7,410.00

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