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:
Step By Step Explanation:
Area Of Rhombus: 
Identify 'p'
5 + 5 = 10
p = 10
Identify 'q'
10 + 10 = 20
q = 20
➤ 
Answer:
The hypotenuse measures 8.48 meters.
Step-by-step explanation:
Given that a right isosceles triangle has legs of 6 meters long each, to find the length of the hypotenuse to the nearest tenth of a meter the following calculation must be performed, through the application of the Pythagorean theorem:
6 ^ 2 + 6 ^ 2 = X ^ 2
36 + 36 = X ^ 2
√ 72 = X
8.48 = X
Therefore, the hypotenuse measures 8.48 meters.
The probability of randomly selecting a red marble is 1/5. You get that by dividing 1/15 by 1/3
