Step-by-step explanation: 2 per hour and per person because 8 x 5 is 40 so 400 divided by 40 equals 10 so then 10 divided by 5 is 2 so 2 per hour
Answer:
D
Step-by-step explanation:
f(x) < 25
x² - 11 < 25
x² < 36
-6 < x < 6
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
#SPJ4
