Assume a 40 July put option is purchased for 6.50 on a stock selling at $35 per

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Assume a 40 July put option is purchased for 6.50 on a stock selling at $35 per share. If the stock ends up on expiration at 38.75, what will be the value of the put option?

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Fundamentals of Investment Management

ISBN: 978-0078034626

10th edition

Authors: Geoffrey Hirt, Stanley Block

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Question Posted: Sep 21, 2015 05:36 AM

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Assume a 40 July put option is purchased for 6.50 on a stock selling at $35 per

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Fundamentals of Investment Management

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