Examlex

Solved

Kim Lee Purchased 6 Put Option Contracts on Eastern Imports

question 107

Multiple Choice

Kim Lee purchased 6 put option contracts on Eastern Imports stock at a strike price of $47.50. The option premium was $.65. At expiration, the stock was valued at $44.90 a share. What is her percentage return?


Definitions:

List of Illustrations

A compilation of visual figures, diagrams, or photographs included in a document to supplement the text.

Conclusions Section

The final part of a document or presentation that summarizes the main points and may provide recommendations or implications.

Formal Reports

Detailed written documents intended to convey information, analysis, and recommendations in a structured and official format.

Informal Letter

A non-official letter written in a personal, casual style, often between friends or family members.

Related Questions