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
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Answer:
I hated doing this in middle school
Answer:
Franco has 66 baseball cards.
Step-by-step explanation:
This question can be solved by a system of equations.
I am going to say that:
x is the number of baseball cards that Franco has.
y is the number of baseball cards that Juan has.
Franco has 18 fewer baseball cards than Juan.
This means that:

Also:

Together they have 150 baseball cards.
This means that:

Since 




Franco has 66 baseball cards.
Answer:
the proifc is true
Step-by-step explanation:
Answer:
Step-by-step explanation:
The first digit is 9
the 2nd one from the right = 2
So far what you have is
911, 121
941,121
There seems to be a second 4 implied. What is it? I'll edit if you get it to me in the next hour.