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Question 3 You purchased four put option contracts with a strike price of $95 and a premium of $1.09. What is the total net amount
Question 3
You purchased four put option contracts with a strike price of $95 and a premium of $1.09. What is the total net amount you will receive for your shares if you exercise this contract when the underlying stock is selling for $85.5 a share?
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4 Briefly compare and contrast options and futures.
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