Question
An investor enters into a put option contract with Citibank for 125,000 at a premium of $0.01 per . If the exercise price is $1.25
An investor enters into a put option contract with Citibank for 125,000 at a premium of $0.01 per . If the exercise price is $1.25 and the spot price of at the end of expiration is $1.21, what is this investors' profit (loss) on this contract
| $3750 | ||
| ($1250) | ||
| $1250 | ||
| ($6250) |
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Public Finance
Authors: Harvey S Rosen
7th Edition
0072876484, 978-0072876482
