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shepherd shepherd
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8 years ago
With the price of the stock at $60 per share, a put option is purchased with an exercise price of $58 per share. The option is exercised after the stock is purchased at $52 per share and results in a gain of 50 percent. What was the price of the option? Ignore taxes and brokerage commissions.
A) $600      B) $400      C) $200      D) $300
Textbook 
Personal Finance

Personal Finance


Edition: 5th
Author:
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tityltityl
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8 years ago
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shepherd Author
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#2
8 years ago
Exactly what I wanted!
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#3
8 years ago
Let me know if you need anymore help
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