Question: Finance problem thx! You are long a protective put (long stock, long put) on Microsoft with a strike price X = 80. What is your
Finance problem thx!
You are long a protective put (long stock, long put) on Microsoft with a strike price X = 80. What is your payoff at expiration if the price of Microsoft at expiration is ST = 65? (1.5 points) OA. $80.00 OB. -$15.00 O C. $65.00 OD. $0.00
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