Answer:
+12.5%
Step-by-step explanation:
This is rather simple. Subtract 72 from 81, then put the difference over 72. Then, multiply that by 100.
(81 - 72)/72 * 100
<em>Subtract 72 from 81 to get 9</em>
9/72 * 100
<em>Multiply 9 by 100 to get 900</em>
900/72
<em>Simplify the above fraction by cancelling out 9.</em>
100/8
<em>Divide 100 by 8 to get 12.5%</em>
The percent of change is +12.5%
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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Based on the given description above, I have analyzed it and come up with a solution to get the probability if in a random sample of 25 students from this said group and the average height is between 73 and 75 inches. So if you calculate it, it will be like this:
<span>2P(Z<2)−1</span>
To find the probability of Z, use the normal distribution table.
The value for Z being less than 2 is 0.9772.
The final result is then<span><span>2(0.9772)−1=0.9544
Hope this is the answer that you are looking for.</span></span>
Answer:
9 quarters 5 dimes!
Step-by-step explanation:
9x0.25=2.25
5x0.10=0.50
2.25+0.50=2.75