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mantparn mantparn
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7 years ago
If an investor buys a 100-share put option for $400 with an exercise price of $40 and the underlying price per share of the stock at expiration is $32, what is the amount of profit or loss, ignoring brokerage fees?
A) There would be a profit of $800.
B) There would be a profit of $400.
C) There would be a loss of $400.
D) There would be a loss of $800.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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alovelyalovely
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7 years ago
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mantparn Author
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6 years ago
*Incredible*
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