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
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Answer:
bottom left graph
Step-by-step explanation:
A proportional relationship is linear, represented by a straight line graph passing through the origin.
The graph on the bottom left is straight line passing through the origin.
Answer:
A two dimensional figure that has only one endpoint is a ray
Step-by-step explanation:
A ray has one endpoint and then goes on for infinite time in the other direction.
Answer:
The 95% confidence interval is "87.94, 91.86".
Step-by-step explanation:
The given values are:
Sample batches,
n = 25
Sample mean concentration,
= 89.9 mg
Amount of chemical,
σ = 5
α = 0.05
The critical value from Z table will be:
= 
= 
= 
Now,
The confidence interval will be:
= 
On substituting the values, we get
= 
= 
= 
Lower limit will be:
= 
= 
Upper limit will be:
= 
= 
