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use excel and show formulas pls Marjorie purchased a PUT option with a strike price of $106 for a premium of $7.15. At the time
use excel and show formulas pls
Marjorie purchased a PUT option with a strike price of $106 for a premium of $7.15. At the time of option expiration, the stock market price was $100.37. At expiration, what was the intrinsic value of the option? What was Marjorie's profit (loss) on the play? 58.67:$8.67 56.37:57.82 57.15:$12.80 5.63;51.52 5411;9821 Step by Step Solution
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