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Mr. Green believes that the stock Future LT will appreciate in value. The current price of Future LTD is R60. His friend advises him th

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Mr. Green believes that the stock "Future LT will appreciate in value. The current price of Future LTD is R60. His friend advises him th a protective put strategy will allow Mr Green achieve his objective while limiting the downside risk if the share price of Future Ltd depreciates. Use the following information from the option quote to construct a protective put strategy at an exercise price of 55 and answer the questions that follow. Note: with respect to premium quotation, 1 contract =100 options Click to see additional instructions What is the maximum loss protective put? R

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