You sold a put contract on EDF stock at an option price of $.25 and an exercise price of $22.50. The option expires today when EDF stock is selling for $21.70 a share. Ignoring transaction costs and taxes, what is your total profit on this investment?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “You sold a put contract on EDF stock at an option price of $.25 and an exercise price of $22.50. The option expires today when EDF stock is ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Yesterday, the price of gloves was $4 a box, and Reena was willing to buy 10 boxes. Today, the price has gone up to $6 a box, and Reena is now willing to buy 8 boxes.
Answers (1)
A company purchased $2,000 of merchandise on July 5 with terms 2/10, n/30. On July 7, it returned $300 worth of merchandise. On July 12, it paid the full amount due.
Answers (1)
States can reduce the cost of providing services by using web technologies to serve their stakeholders. a. True b. False
Answers (1)
A partnership liquidation occurs when a. a new partner is admitted b. the ownership interest of one partner is sold to a new partner c. a partner dies d. the assets are sold, liabilities paid, and business operations terminated
Answers (1)
How do I change age on my profile?
Answers (1)
New Questions in Business
Waymire Company sells a motor that carries a 60-day unconditional warranty against product failure. From prior years' experience, Waymire estimates that 3% of units sold each period will require repair at an average cost of $100 per unit.
Answers (1)
In the film industry, what is the term used to describe all the activities and actions taken in order to create a movie? a. acquisition b. distribution c. exhibition d. production
Answers (1)
Taxpayers who recover all or part of an item that they deducted or took a credit for in a prior year, must report the same amount as
Answers (1)
The currently maturing portion of long-term debt should be classified as a current liability if funds used to liquidate it are a. currently classified as a long-term asset. b. the debt is to be converted into common stock. c.
Answers (1)
Willey Company makes three products in its factory: plastic cups, plastic tablecloths, and plastic bottles.
Answers (1)