Question
You own 600 shares of stock that you would like to have the right to sell at $50 a share. The $50 put is quoted
You own 600 shares of stock that you would like to have the right to sell at $50 a share. The $50 put is quoted at $.70 bid, $.75 ask. How much will it cost you to obtain the right to sell off your shares at $50 per share?
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
16th edition
125927716X, 978-1259687969, 1259687961, 978-1259277160
