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mombefor78 mombefor78
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2 years ago
Allison bought 100 shares of MIKO, Inc. stock at a price of $35 a share. In addition, she bought a put with a $35 strike price on MIKO at a cost of $125. Which of the following are true about Allison's position from now until the option expiration date?

I.Her maximum loss is $3,625.
II.Her maximum loss is $125.
III.Her minimum gain is $125.
IV.Her maximum profit is unlimited.


▸ I and IV only

▸ II and III only

▸ II and IV only

▸ II, III and IV only
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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sharonfaith31sharonfaith31
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#1
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2 years ago
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