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Problem 21 Dr. Mohamed Boukhris invested in a reverse butterfly spread using only puts. He received 0.3 as initial investment for each contract. He made

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Problem 21 Dr. Mohamed Boukhris invested in a reverse butterfly spread using only puts. He received 0.3 as initial investment for each contract. He made a loss of 1.3 when the stock price in the market is 20.9 and he can reach a maximum quin of 0.3 out of this strategy. The highest put premium in this strategy is 3.05 and the medium strike price is 20.5. Finally, the lowest put premium was 2500 basin points below the medium put premium What was the highest strike price? 23.9 22.5 30.1 28 25.75 27.10 QUESTIONS What was the lower pot 015 10. 18.75 QUESTIONS c/What was the lowest put premium is? 0.9 0.15 1.24 1.75 1.1 1.65 QUESTION 7 d/What was the medium put premium is? 2.2 2.1 1.98 0.95 1.75 2.17 QUESTION 8 w What are the breakeven prices? 15.75 and 26.75 16.5 and 19.5 11 and 29 10:5 and 30.5 12.5 and 24.5 18.3 and 22:2 Chi Se Sub to send sunt. Click Save All Aroa

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