Question
Suppose the price of a share of MCD stock is $220. A March put option on MCD stock has a premium of $7 and an
Suppose the price of a share of MCD stock is $220. A March put option on MCD stock has a premium of $7 and an exercise price of $231. Ignoring commissions, the option writer will earn a profit if the price of the share becomes
| a. | $225 | |
| b. | $221 | |
| c. | $224 | |
| d. | $218 |
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Finance For Real Estate Development
Authors: Charles Long
1st Edition
0874204305, 978-0874204308
