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solina solina
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6 years ago
Ahmad bought put options on Home Depot with a strike price of $130. The option premium was $2.83. Just before the contract expired, Home Depot stock was at $132.83 per share. Ahmad
A) made a profit of $2.83 per share.
B) lost $2.83 per share because the option would not be exercised.
C) lost $1.5.66 per share.
D) made a profit of $5.66 per share.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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Heavy Heart Thank you bio-forums! Heavy Heart
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LutionalLutional
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