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nursecupcake nursecupcake
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2 years ago
Jamie wrote a nine-month put on Beta stock. The strike price was $25 and the market price of Beta stock at the time the option was written was $24. The total price of the option contract was $150. At what market price will Jamie just break-even on this investment? Ignore transaction costs and taxes.

▸ $23.50

▸ $24.00

▸ $25.00

▸ $26.50
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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Ranim_SaleemRanim_Saleem
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2 years ago
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nursecupcake Author
wrote...

2 years ago
Correct Slight Smile TY
IvanaVR
wrote...

Yesterday
Good timing, thanks!
prime7105
wrote...

2 hours ago
this is exactly what I needed
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