What is the net profit if sonys stock price increases to


Shin Ltd. has written a put option on Sony common stock. The option has an exercise price of $43 and Sony’s stock currently trades at $46.8. The option premium is $1.96 per contract. What is the net profit if Sony’s stock price increases to $51.32 and stays there until the option expires?

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Financial Management: What is the net profit if sonys stock price increases to
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