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A Put Option on a Stock Has an Exercise Price

question 85

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A put option on a stock has an exercise price of $74.If the stock price at expiration is $79,what is the option payoff for a long put position?


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Heirs

Individuals legally entitled to inherit a deceased person's assets.

Rate Of Return

Fluctuations in the value of an investment during a pre-defined period, calculated as a percentage of the investment’s commencement cost.

Start Saving

The practice of setting aside a portion of current income for future use, aimed at building financial security.

Deposit

The act of placing money into a financial institution for safekeeping or as a way to earn interest.

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