Your purchase 8 put option contracts on jcs stock with a


Your purchase 8 put option contracts on JCS Stock with a strike price of $90. The option premium is 35 cents per share.

A) Ignoring commission and other transaction costs, if the stock price at expiration is $92.63, what is your dollar profit/loss on this investment? What is percentage return?

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Financial Management: Your purchase 8 put option contracts on jcs stock with a
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