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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.

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#1: Write the equation of the graphed line. NO SPACES, ALL LOWERCASE. <br> Please help
ivanzaharov [21]

Answer:

Equation of graphed line is \mathbf{y=\frac{2}{3}x-3}

Step-by-step explanation:

We need to write the equation of the graphed line.

The equation will be in slope intercept form y=mx+b where m is slope and b is y-intercept

We need to find slope and y-intercept.

Finding slope

Slope can be found using formula: Slope=\frac{y_2-y_1}{x_2-x_1}

We will use points (0,-3) and (3,2)

Looking at the graph, we get x_1=0, y_1=-3, x_2=3, y_2=-1

Putting values in graph and finding slope

Slope=\frac{y_2-y_1}{x_2-x_1}\\Slope=\frac{-1-(-3)}{3-0}  \\Slope=\frac{-1+3}{3}  \\Slope=\frac{2}{3}

So, we get slope \mathbf{\frac{2}{3}  }

Finding y-intercept

y-intercept can be found when x is zero.

So, looking at graph, when x =0, y=-3

So, y-intercept is -3

Equation of Line

So, equation of line having slope \mathbf{\frac{2}{3}  } and y-intercept b = -3

y=mx+b\\y=\frac{2}{3}x-3

So, Equation of graphed line is \mathbf{y=\frac{2}{3}x-3}

8 0
3 years ago
Question 8
Alenkasestr [34]

Answer:

The answer is A

Step-by-step explanation:

Using PEMDAS you answer parentheses first so

(8-5)2-(2+4) would then be

3*2-6 then you would multiply

6-6 and find the answer of

0

6 0
3 years ago
Akaria bought one new book for 20$ and three used books for $4.95 each, Write and evaluate an expression to find how much money
disa [49]

Answer:

The expression for the total cost is 20 + 3 × 4.95.

Step-by-step explanation:

BOOKS Akira bought one new book for $20 and three used books for $4.95 each. Write and evaluate an expression to find how much money the books cost. SOLUTION: To find the cost of the used books, multiply the price by how many Akira purchased.

8 0
2 years ago
If g(x) = 3 - 2x, find g(-1).<br> A. -5<br> B. 5<br> C. 0<br> D. 6
zheka24 [161]

Answer:

g(-1)=5

Step-by-step explanation:

Put value of x, which is - 1

g(x) = 3 - 2x \\ g( - 1) = 3 - 2( - 1) \\ g( - 1) = 3 + 2 \\ g( - 1) = 5

3 0
2 years ago
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How would you write in standard form 8 thousands+1200 hundreds
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It is basically 8 thousand plus one thousand two hundred so your answer would be 9200
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