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Use the following options quotations to answer Question 6: Suppose you buy 75 Mar 100 put option contracts. How much will you pay, ignoring commissions?

image text in transcribedUse the following options quotations to answer Question 6:

Suppose you buy 75 Mar 100 put option contracts. How much will you pay, ignoring commissions?

Calls Puts Strike Price Expiration Vol. Last Vol. Last Close Hendreeks 103 103 103 103 5.20 8.40 10.68 14.30 2.40 4.90 6.60 10.10 50 100 100 100 100 Feb Mar Apr Jul 72 41 16 29

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