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Mkey [24]
3 years ago
12

Suppose you purchase five put contracts on Testaburger Co. The strike price is $45, and the premium is $3. If, at expiration, th

e stock is selling for $39 per share, what are your put options worth? What's your net profit?
Business
1 answer:
andriy [413]3 years ago
7 0

Answer:

3000

1500

Explanation:

For each of the answers in this question I have added the formulas to solve them in the attachment below

1.

(45-39)*5*100

= 3000

2.

(45-39)-3 x5 x100

= $1500

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To learn more interest rate would cause a fall in net exports and a RISE  about:

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