Multiple Choice
Suppose you have a put option that allows you to sell 100 shares of Alcan for $54.50 per share any time before October 2014. If the stock price falls to $45.00 per share, your profit is
A) $9.50.
B) $54.50.
C) $950.00.
D) $45.00.
E) $0.00.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q258: What is the difference between par value,
Q259: Which of the following is a financing
Q260: Mega Computer issued stock with a face
Q261: The business activity that is concerned with
Q262: The three basic areas of responsibility for
Q264: If a stock option is "underwater" what
Q265: Which of the following is correct with
Q266: A stock quote of 30.5 means<br>A) the
Q267: Of par value, market value, and book
Q268: In a short sale of stocks, you