Question
Min has created the following portfolio: bought one stock of ABC for $23.30 bought 4 put contracts (on ABC stock), each cost $0.42, strike price
Min has created the following portfolio:
bought one stock of ABC for $23.30
bought 4 put contracts (on ABC stock), each cost $0.42, strike price $15.43
ignore time value of money
Suppose that the stock price at expiration is $10.42.
Profit of her strategy = $
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The Handbook Of Municipal Bonds
Authors: Frank J. Fabozzi, Sylvan G. Feldstein
1st Edition
0470108754, 9780470108758
