Question
A put on Sanders stock with a strike price of $35 is priced at $2 per share, while a call with a strike price of
A put on Sanders stock with a strike price of $35 is priced at $2 per share, while a call with a strike price of $35 is priced at $3.50. The maximum per-share loss to a writer of the put is __________, and the maximum per-share gain to a writer of the call is _________.
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International Financial Management
Authors: Jeff Madura
3rd Edition
0314862722, 978-0314862723
