Question
A put option was purchased two months ago for $3.70 with an exercise price of $50. The option is exercised when the market price of
A put option was purchased two months ago for $3.70 with an exercise price of $50. The option is exercised when the market price of the stock is $48. What is the net profit or loss to the investor?
| $3.00 | ||
| $2.70 | ||
| $1.70 | ||
| $2.00 |
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Public Finance
Authors: Charles Francis Bastable
1st Edition
1375520083, 978-1375520089
