Question
You are constructing a synthetic put on WEN. WEN shares are being traded today at $119. Therefore, you open a long position on a
You are constructing a synthetic put on WEN. WEN shares are being traded today at $119. Therefore, you open a long position on a call and you simultaneously short WEN stock. Three days later, the price of WEN shares goes up to $171. What is the value of the synthetic put?
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Introduction To Corporate Finance
Authors: Laurence Booth, Sean Cleary
3rd Edition
978-1118300763, 1118300769
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