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Rickos Rickos
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Annika has purchased put options on 1000 shares of Amazon stock with a striking price of $270 per share. The option premium was $6.00 per share.
a. Compute Annika's profit or loss if the market value of Amazon's stock is $280 at expiration.
b. Compute Annika's profit or loss if the market value of Amazon's stock is $260 at expiration.
c. Compute Annika's profit or loss if the market value of Amazon's stock is $272 at expiration.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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vanrheevanrhee
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