Spears Co. will receive SF1,000,000 in 30 days. Use the following information to determine the total dollar amount received (after accounting for the option premium) if the firm purchases and exercises a put option:
A) $630,000.
B) $610,000.
C) $600,000.
D) $590,000.
E) $580,000.

Question

Spears Co. will receive SF1,000,000 in 30 days. Use the following information to determine the total dollar amount received (after accounting for the option premium) if the firm purchases and exercises a put option: 
A) $630,000. 
B) $610,000. 
C) $600,000. 
D) $590,000. 
E) $580,000.

Quizplus · Accepted Answer

The Answer of Spears Co. will receive SF1,000,000 in 30 days. Use the following information to determine the total dollar amount received (after accounting for the option premium) if the firm purchases and exercises a put option: 
A) $630,000. 
B) $610,000. 
C) $600,000. 
D) $590,000. 
E) $580,000.

Spears Co Will Receive SF1,000,000 in 30 Days