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:
The reason why points and lines my be co-planer even when the plane containing them is not drawn is because the by their definition two lines or a line and a point or three points which are fixed in space always have have a direction of view from which they appear as a single line, or for the three points, appear to be on a single line.
This can be demonstrated by the shape of a cross which is always planner
Examples include
1) Straight lines drawn across both side of the pages of an open book to meet at the center pf the book can always be made planner by the orientation#
2) This can be also demonstrated by the plane of the two lines in the shape of a cross which is always planner regardless of the orientation of the cross
3) The dimension that can be defined by three points alone is that of a planner (2-dimensional) triangle shape
Step-by-step explanation:
The least common denominator of 5/12 and -9/16
The answer is 48.
Now, we have to change the numerators also to make this a equal fraction to the first ones we had.
5*4 = 20
12*4 = 48
20/48
-9*3 = -27
16*3 = 48
-27/48
Hope this is what you were looking for:)
