Question
You purchase one IBM July 120 put contract for a price of $5. You hold the option until the expiration date when IBM stock sells
| You purchase one IBM July 120 put contract for a price of $5. You hold the option until the expiration date when IBM stock sells for $113 per share. You will realize a ______ on the investment. |
| |
|
| $300 profit | |
|
| $200 loss | |
|
| $500 loss | |
|
| $200 profit | |
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Healthcare Finance An Introduction To Accounting And Financial Management
Authors: Louis C. Gapenski
4th Edition
1567932800, 978-1567932805
