Question: Required: You purchase two Microsoft December $145 put contracts for a premium of $8.10. What is your maximum possible profit? Assume each contract is for

Required: You purchase two Microsoft December $145 put contracts for a

Required: You purchase two Microsoft December $145 put contracts for a premium of $8.10. What is your maximum possible profit? Assume each contract is for 100 shares. Answer is complete but not entirely correct. Maximum possible profit $ 13,690

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