•Given 7 - 8 = -1
• -[-7 + 8] = -1, This choice
• 0 - 7 + (-8) = -15
• 7? + -8 = -1, This choice (if I understand “07” correctly)
• -7 + 8 = 1
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:
brainly.com/question/20165321
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Answer:
425
Step-by-step explanation:
Answer:
.75 degrees Celsius
Step-by-step explanation:
1152-1108=44 16+17=33 33divided by 44=0.75
