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Assume that you buy a share of stock, plus a put option: Purchase price of Stock A: $25 Put option strike price: $25 Option expiration

Assume that you buy a share of stock, plus a put option: Purchase price of Stock A: $25 Put option strike price: $25 Option expiration date: June 30, 2022 Price of put option: $5 CV means the value of the combination of your shares and options minus whatever you paid to buy the options.

"CV means the value of the combination of your shares and options minus whatever you paid to buy the options. What is the CV in dollars if the stock goes down to 5? (Do not use $ sign.)

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For this and the next 3 questions: Assume that you buy a share of stock, plus a put option: Purchase price of Stock A: $25 Put option strike price: $25 Option expiration date: June 30, 2022 Price of put option: $5 "CV means the value of the combination of your shares and options minus whatever you paid to buy the options. Question 15 0.2 pts "CV means the value of the combination of your shares and options minus whatever you paid to buy the options. What is the CV in dollars if the stock goes down to 5? (Do not use $ sign.)

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