What will your profit be
Problem
Assume you sell a put option to a lady for $1.42. The strike price of the put option is $95.25. On the expiration day, the market price of the shares are $106.93. What will your profit be?
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The strike price of the put option is $95.25. On the expiration day, the market price of the shares are $106.93. What will your profit be?
First Firm and Second Firm have the same assets and the same cash flows. What is First Firm's share price?
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