Answer:
y = -2x + 5
Step-by-step explanation:
Assuming this is linear, the slope would be constant. For every 1 x, y decreases by 2. This means that the slope is -2.
y = -2x + b
Now all we need is the y-intercept.
If we plug in the first point (1,3), we get:
3 = -2*1+b
3 = -2+b
b = 5
This is the y-intercept.
y = -2x + 5
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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<h3>
Answer: 
</h3>
Explanation:
The identity we'll use is cos(-x) = cos(x) for any value of x.
So cos(-150) = cos(150).
Then locate the angle 150 on the unit circle. The terminal point is 
The x coordinate of this terminal point is the value of cos(150).
7000*.03*6=?? Step 1. multiply 7000*.03=210 Step 2. multiply 210*6=1260. the answer is $1,260.00
