The answer is 7 - 7.5
you multiply 5 and 3 and get 15 then divide by 2
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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-15 why cause ehe had 30 dollars and he first soent 20 such equals to 10 then he soends 25 such equals to -15
I'm pretty sure the answer is C. 78%. (KEEP READING)
Because you move the decimal over to the right two times and get 70 add a percent to the end and get 70%. _
But since it is repeating it would be 77%
So if you are rounding it to the nearest number, to ones, then the answer is C. But if you are rounding to the tens then it would be D.
I personally would put C because you want the "nearest percent".
HOPE I HELPED!!!
