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Underlying Stock Price: 45

Question 146

Multiple Choice

Underlying stock price: 45.80 Underlying stock price: 45.80 Suppose you bought 10 Glaxo Nov 50 put contracts. Just before the option expires, the stock is selling for $55. What is your net profit (or loss) ? Ignore transaction costs. A) -$14,000.00 B) -$9,000.00 C) -$2,200.00 D) $1,200.00 E) $16,312.50 Suppose you bought 10 Glaxo Nov 50 put contracts. Just before the option expires, the stock is selling for $55. What is your net profit (or loss) ? Ignore transaction costs.


A) -$14,000.00
B) -$9,000.00
C) -$2,200.00
D) $1,200.00
E) $16,312.50

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