Answer:
16
Step-by-step explanation:
We can list out each of the numbers' prime factors first before deciding their greatest common factor.
16: 2 × 2 × 2 × 2
48: 2 × 2 × 2 × 2 × 3
As you can see the bolded parts, these are the common factors of the two numbers. To find the greatest common factors, we just have to multiply all their common factors together.
Greatest common factor of 16 & 48: 2 × 2 × 2 × 2 = 16
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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