Question
Suppose you buy a stock (which pays no dividends) for $76 and buy a $70- strike put for $9.09. Assuming the effective annual interest rate
Suppose you buy a stock (which pays no dividends) for $76 and buy a $70- strike put for $9.09. Assuming the effective annual interest rate is 7%, what is the profit on your position if the stock is worth $81.32 when the option expires?
A.$-3.77
B.$0.00
C.$-9.73
D.$-8.80
E.$-21.05
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Bitcoin Mastery The True Potential Of Bitcoin Currency
Authors: Nicol Siegel
1st Edition
979-8354191567
