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:
X= $3.99
Step-by-step explanation:
X is the value of each book
240,000 written as a
whole number multiplied by a power of ten:
In the provided number
240,000 if we want to multiply this number by a power of ten then it would be
like 240,000 raised to the power of 10
<span><span>1. </span>In which clearly stating
that 240,000 shall multiply itself by 10 times in 240,000.
</span>
<span><span>2. </span>Hence 240, 000^10 in
numerical form</span>
<span><span>
3. </span>The result is 6.340338097x10^53</span>
<span><span>
4. </span>It seems like the
product is a lot bigger and capsized itself to a smaller scientific reading but
its still big in value because of the its current 53 power.</span>
Hope this helps!
(4,6), Using the midpoint formula which is (( x1 + x2)/2), ((y1+y2)/2)
