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You Own 5 Put Option Contracts on JL Industrial Stock

question 81

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You own 5 put option contracts on JL Industrial stock. You paid an option premium of $1.15 for a strike price of $27.50. On the option expiration date, the stock was selling for $24 a share. What is your percentage return?


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Promotions And Advancement

Opportunities for employees to progress to higher positions or job levels within an organization.

Work Environment

The setting, conditions, and culture in which an individual performs their job.

Work Experience

The accumulation of employment history and skills acquired by an individual over time.

Greater Flexibility

An increased ability to adapt or respond to changing conditions or situations without significant loss of functionality or efficiency.

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