1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Harman [31]
3 years ago
15

Suppose you believe that Florio Company's stock price is going to decline from its current level of $82.50 sometime during the n

ext 5 months. For $5.10 you could buy a 5-month put option giving you the right to sell 1 share at a price of $85 per share. If you bought this option for $5.10 and Florio's stock price actually dropped to $60, what would your pre-tax net profit be? a) $5.10 b) $19.90 c) $20.90 d) $22.50 e) $27.60
Mathematics
1 answer:
Anastasy [175]3 years ago
7 0

Answer:

B. $19.90

Step-by-step explanation:

The put option will be exercised only if the final price is below the strike price. If the final price exceeds the strike price, there will simply be a loss equal to the cost of the option.

You might be interested in
A rectangle has a base of 5 cm and a height of (x + 2)cm. Its area is 20 cm ^ 2. What is the value of x?
Len [333]
So area is base x height:
5(x+2)=20
5x+10=20
5x=10
x=2
its A
3 0
3 years ago
Plz help super fast​
marshall27 [118]

Answer:

E: L is perpendicular to a line with slope -\frac{3}{2}.

Lines are perpendicular if the negative reciprocal of the slope is equal. For example, the reciprocal of \frac{2}{3} is \frac{3}{2} (remember, to get the reciprocal, simply switch the numerator and the denominator).

So, the negative reciprocal of \frac{2}{3} is -\frac{3}{2}. This represents the slope of a line that is perpendicular.

6 0
3 years ago
Write the number 3,2, and 8 addition sentence. Show two more way to find the sum.
Alexxx [7]
This doesn't make sense
6 0
3 years ago
Please help me I suck at math!​
lisov135 [29]

Answer:

<em>0.000008</em>

Step-by-step explanation:

Since the exponent of the scientific notation is negative, move the decimal point  6  places to the left.

<em>0.000008</em>

<em>brainliest pls</em>

8 0
3 years ago
Read 2 more answers
Find area of shaded. Exact answer of pi
xenn [34]
Area circle = pi(6^2) = 36pi
Area right triangle = 1/2(6)(6) = 18
Area shaded = 36pi - 18
4 0
3 years ago
Other questions:
  • Researchers are conducting a study in an attempt to establish a linear relationship between the number of online music video vie
    14·1 answer
  • If a sweater sells for $ 48 after a 25 % markdown what was the original price
    15·2 answers
  • Consider the region bounded by 4y=x^2 and 2y=x.
    6·1 answer
  • Pls help with correct choice
    14·1 answer
  • 0.7 bar repeater in simplest form​
    7·1 answer
  • 80 to 60 as a fraction
    12·2 answers
  • Which ordered pair is a solution to the system of inequalities graphed here?
    7·1 answer
  • Divide. 6 ÷ 1/4<br>helpp​
    13·2 answers
  • The graph below shows the relationship between the amount of peanuts and the amount of chocolate in different packages of snack
    8·1 answer
  • 2. Write an expression that can be used to
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!