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nordsb [41]
3 years ago
6

You have purchased a put option on Kimberly Clark common stock. The option has an exercise price of $95.00 and Kimberly Clark's

stock is currently trades at $96.18. The option premium is $1.25 per share.
Required:
a. Calculate your net profit on the option if Kimberly Clark's stock price falls to $93.00 and you exercise the option.
b. Calculate your net profit on the option if Kimberly Clark's stock price does not change over the life of the option.
Business
1 answer:
aniked [119]3 years ago
4 0

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