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Question 2 1 pts Suppose you believe that Florio Company's stock price is going to decline from its current level of $82.50 sometime during the
Question 2 1 pts Suppose you believe that Florio Company's stock price is going to decline from its current level of $82.50 sometime during the next 5 months. For $5.10 you could buy a 5- month put option giving you the right to sell 1 share at a price of $85 per share. If you bought this option for $5.10 and Florio's stock price actually dropped to $60, what would your pre-tax net profit be? -$5.10 $19.90 $20.90 $22.50 $27.60
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