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Title: Suppose you believe that Delva Corporations stock price is going to decline from its current level ... Post by: conrad136 on Aug 26, 2023 Suppose you believe that Delva Corporation’s stock price is going to decline from its current level of $82.50 sometime during the next 5 months. For $510.25 you could buy a 5-month put option giving you the right to sell 100 shares at a price of $85 per share. If you bought this option for $510.25 and Delva’s stock price actually drops to $60, what would be your pre-tax net profit? ▸ –$510.25 ▸ $1,989.75 ▸ $2,089.24 ▸ $2,193.70 Title: Re: Suppose you believe that Delva Corporations stock price is going to decline from its current level ... Post by: firebug210 on Aug 26, 2023 Content hidden
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