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
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Answer:
2 cents a tee
Step-by-step explanation:
Given :-
- Two triangles with their two angles equal .
To Find :-
Answer :-
Here in ∆ABC and ∆EDC ,
CAB =
CED (given )-
CBA =
CDE (given)
Therefore by AA similarity criterion , we can say that ∆ABC ~ ∆EDC . Also we know that corresponding sides of similar triangles are proportional . So ,
→ AC/EC = BC/DC
→ AC/9 = 8/12
→ AC = 8/12 * 9
→ AC = 6
<u>Hence</u><u> the</u><u> </u><u>measure</u><u> of</u><u> </u><u>side </u><u>AC </u><u>is </u><u>6</u><u> </u><u>.</u>
I hope this helps.
The ratio of dates to peanuts is the same as cashews to raisins. Simplified, both ratios equal 1/2.