Question
John purchased 300 shares of Big Trouble common stock at $26.84 a share in July of 2015. In June of 2016 John buys 3 October
John purchased 300 shares of Big Trouble common stock at $26.84 a share in July of 2015. In June of 2016 John buys 3 October 35 puts at 2. If the market of Big Trouble is trading at $33.06 at expiration, what is Johns realized gain?
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Real Estate Development Principles And Process
Authors: Mike E. Miles, Laurence M. Netherton, Adrienne Schmitz
5th Edition
0874203430, 978-0874203431
