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Exhibit 16.6 USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S) GE Corporation has a put option selling for $2.90 and a call option selling for

Exhibit 16.6

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

GE Corporation has a put option selling for $2.90 and a call option selling for $1.95, both with a strike price of $29.00.

4. . What would the net value of a protective put position be if the stock price at expiration is $35?

a.

$3.10

b.

$30.15

c.

$32.10

d.

$34.05

e.

$35.00

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