Question
You write one MBI July 120 put contract (equaling 100 shares) for a premium of $5. The option is held until the expiration date, when
You write one MBI July 120 put contract (equaling 100 shares) for a premium of $5. The option is held until the expiration date, when MBI stock sells for $123 per share. You will realize a ______ on the investment.
Multiple Choice
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$300 loss
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$300 profit
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$500 profit
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$800 profit
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N. Hyman
5th Edition
0030113172, 978-0030113178
