Question: Question 20 2 points Save A You are short 3 contracts of 1-vr call option on Dow index with a strike price (K) of $28,000.

 Question 20 2 points Save A You are short 3 contracts

Question 20 2 points Save A You are short 3 contracts of 1-vr call option on Dow index with a strike price (K) of $28,000. What will be your payoff at expiry if the Dow index level at expiry (ST) becomes $20,000

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