Answer:
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The maximum possible profit = $7068
For given question,
One Microsoft July $72 put contract for a premium of $1.32
The payoff arise from put option is max (K - S, 0) - P
Now it would be maximum at S = 0
And, the maximum payoff is
K - 0 - P
= K - P
= 72 - 1.32
= $70.68
We assume that for each and every contract the number of shares is 100
So, the maximum profit gained from this strategy is
= $70.68 × 100 shares
= $7068
The maximum profit that will be gained from this strategy is $7068
Therefore, the maximum possible profit = $7068
Learn more about the profit here:
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Good afternoon,
x= first odd integer
x+2 = second odd integer
x+4= third intenger
The sum of the trhree integer is 195, so:
x + (x+2) + (x+4) = 195
3x = 195 - 4 - 2
3x=189
x= 63
Then the Answer is: 63, 65 and 67
Answer:
1
Step-by-step explanation:
4(4-w) = 3(2w+2)
Use distributive property:
16 - 4w = 6w + 6
+4w +4w
------------------------
16 = 10w + 6
-6 -6
-------------------------
10 = 10w
---- -----
10 10
1 = w
Hope this helped.
