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Today,you Purchased 100 Shares of Lazy Z Stock at a Market

Question 13

Multiple Choice

Today,you purchased 100 shares of Lazy Z stock at a market price of $47 per share.You also bought a one year,$45 put option on Lazy Z stock at a cost of $0.15 per share.What is the maximum total amount you can lose on these purchases?


A) -$4,715
B) -$4,685
C) -$4,015
D) -$215
E) -$0

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