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You have purchased a put option on Intel common stock. The option has an exercise price of $57 and Intel is currently trading for $60
You have purchased a put option on Intel common stock. The option has an exercise price of $57 and Intel is currently trading for $60 per share. The put option cost $2.00 per share. What is your net profit or loss per share if Intel drops to $52 per share? a. $5.00 b. -$5.00 c. $3.00 d. $8.00 e. -$3.00
a. $5.00
b. -$5.00
c. $3.00
d. $8.00
e. -$3.00
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
