The Payoff to the Holder of a Put Option Is

question 93

Multiple Choice

The payoff to the holder of a put option is given by:

• A)P = max(K - S,0)
• B)P= max(S - K,0)
• C)P = min(S - K,0)
• D)P = max(K,0)
• E)P = max(S - K,0)

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