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shepherd shepherd
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8 years ago
A put option is purchased for a premium of $200 with an exercise price of $38 per share and a current market price on the stock of $41 per share. What would be the return if the market price declines to $35 per share and the stock is purchased and the option exercised? Ignore taxes and brokerage commissions. Round to the nearest percentage if necessary.
A) 15%      B) 100%      C) 50%      D) 9%
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Personal Finance

Personal Finance


Edition: 5th
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tityltityl
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shepherd Author
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#2
8 years ago
BRILLIANT!
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#3
8 years ago
Happy to help Slight SmileSlight Smile
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