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Joel purchased 100 shares of stock for $20 per share. During the year, the stock has now risen in price 44 per share. to cover
Joel purchased 100 shares of stock for $20 per share. During the year, the stock has now risen in price 44 per share. to cover potential losses. joel purchases a put option for a premium of 300 with an exercise price 42 per share. the stock falls to 28 per share and joel exercises the opinion and sells at 42 per share. ignoring brokerage commissions and taxes. what would be the investor's return from the stock?
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