Question
Betty and Bob buy 200 shares of XYZ stock @$58 and buy 5 October 60 Put @$3 and buy 2 October 55 Calls @$8. If
Betty and Bob buy 200 shares of XYZ stock @$58 and buy 5 October 60 Put @$3 and buy 2 October 55 Calls @$8. If XYZ is a. $58, b. $55, c. $65 at October expiration, then find their profit and loss
- _____________ per share quoted
- ______________ per share quoted
- ___________ per share quote
find the Lower, L, and Upper, U, breakeven points; that is where the Profit or Loss is 0.
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Melissa Hart
7th Edition
1265521972, 978-1265521974
