226,000
Step-by-step explanation:
250,000-24,000=226,000
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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<u>Let's take this problem step by step:</u>
<u>To find the ordered pair of the system:</u>
⇒ must set both equations equal to each other
⇒ and solve for 'x'
<u>Let's solve:</u>

<u>Let's find the x-values:</u>

<u>Let's find f(x)'s value for each 'x':</u>
<u>Answer: (4, 11), (-4,27)</u>
Hope that helps!
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