Exhibit 13-10
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GE Corporation has a put option selling for $2.90 and a call option selling for $1.95, both with a strike price of $29.00.
-Refer to Exhibit 13-10. What would the net value of a protective put position be if the stock price at expiration is $35?
A) $3.10
B) $30.15
C) $32.10
D) $34.05
E) $35.00
Correct Answer:
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