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QUESTION 12 Three months ago, you purchased a put option on WXX stock with a strike price of $60 and an option price of 5.60.

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QUESTION 12 Three months ago, you purchased a put option on WXX stock with a strike price of $60 and an option price of 5.60. The option expires today when the value of WXX stock is 562.50. Ignoring trading costs and taxes, what is your total profit or loss on your investment? O 1.560 O 2.560 3.50 04.-5310 QUESTION 13 At your favorite website, you found that the DMT stock paid an annual dividend of S1 32, which resulted in a dividend yield of 17 percent Assuming that the company has 71 million shares of stock outstanding and a PE ratio of 16 The net income for the most recent four quarters was $344,558,824 True False

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