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Assume an investor buys a put option on XYZ stock with a strike price of $100 for $6 when the stock is trading for $97.
Assume an investor buys a put option on XYZ stock with a strike price of $100 for $6 when the stock is trading for $97. What is the investor's maximum possible gain (per share, not total)?
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To calculate the investors maximum possible gain per share from the put opti...
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Principles of Managerial Finance
Authors: Chad J. Zutter, Scott B. Smart
15th edition
013447631X, 134476315, 9780134478197 , 978-0134476315
