Okay so this is going to be confusing but work from right to left. since you can’t do 0-5, borrow from the one next to the zero on the top, cross out the one and put zero and add a one on top of the zero which makes it 10. now you can do 10-5 to get 5. put the five down below the line. next solve the second column of numbers ( second to the right). since you cannot do 0- 3, like the last one, you have to borrow from the 7 over to the left. take one from there and cross the seven out and put a six. now you have 10-3 which is 7. put the 7 down. now do move to the next column and do 6-2 to get 4. put the four down below the line. move to the next column and do 2-2 to get 0. put the zero down below the line. lastly, we know the answer has to be negative so we are going to do 2-7 to get -5. put -5 down below the line and together to get the answer -502,275. i know that was very confusing but i hope it helped a little bit. i added a picture to clarify a little
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:
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Answer:
4
Step-by-step explanation:
BRAINLIEST
C=90°
Since the triangles are similar, the angles will be the same. A corresponds with D and equals 75° and B corresponds with E and equals 15°, so C and F must be 90°, since the angles in a triangle add up to 180°.
Hope this helps :)
Answer:8 miles
Step-by-step explanation:
If he’s traveling at 4 miles and hour and he traveling for two hours it would be 8 miles
