Question
FLT stock was selling for $25.46 a share five months ago, when you purchased five put options on the stock with an exercise price of
FLT stock was selling for $25.46 a share five months ago, when you purchased five put options on the stock with an exercise price of $23.00 per share and an option price of $0.50 per share. the option expires today with the value of stock of $19.50 per share. what is the net profit or loss on this investment, ignoring all teasing costs and taxes?
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Investments An Introduction
Authors: Herbert B. Mayo
13th Edition
0357127951, 978-0357127957
