Question: Question (1): Answer the following question (4 Marks) > You purchase a put option on Delta stock with a strike price of $125 and an

 Question (1): Answer the following question (4 Marks) > You purchase

Question (1): Answer the following question (4 Marks) > You purchase a put option on Delta stock with a strike price of $125 and an expiration date of 1st September 2015. Determine the price on which you buy the Delta stock at maturity and justify your answer if: market price is $130: 1) The marks) 2) The marks) market price is $115: (2

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