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Tom Gettback buys 100 shares of Johnson Walker stock for $87.00 per share and a three-month Johnson Walker put option with an exercise price of $105.00 for $20.00. What is his dollar gain if the stock is selling for $80.00 per share at expiration?
Points of Connection
Refers to specific locations or moments where different elements, ideas, or people come together to interact or intersect in significant ways.
Departure
The act of leaving or going away from a place.
American Foreign Policy
The strategies chosen by the United States government to protect the country's national interests, security, and goals in its interaction with other countries.
1877
The year known for the end of Reconstruction in the United States, which was marked by the withdrawal of federal troops from the South, effectively ending efforts to protect the rights of newly freed African Americans.
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