Raina bought a put option on a stock for $230. The put gives her the option to sell 100 shares of XYZ stock for $45 a share if she exercises the option in the next ninety days. What is Raina's dollar return if she exercised her put when the stock price fell to $36 a share? 

Raina's dollar return is $___________ (Round to the nearest dollar.)

Answer rating: 100% (QA)

a Increase the income limit for eligibility for the Pell grant Benefits 1 By increasing limit of income enables students from middle class families to ... View the full answer