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JohnCarter19 JohnCarter19
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3 years ago
Shares in Globex Corp. are trading for $26. Put options on Globex shares, which expire in 6 months with a strike price of $25, are trading for $2.00. What is the payoff to a put option holder, at maturity, if the stock price is $24? Assume that you close your position by exercising the option.

▸ -$1

▸ $0

▸ $1

▸ $2
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 2nd
Authors:
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amberdouglasamberdouglas
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3 years ago
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