USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

question 10

Multiple Choice

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
Consider the following information on put and call options for Citigroup

-Refer to Exhibit 16.4. Calculate the net value of a protective put position at a stock price at expiration of $20 and a stock price at expiration of $45.

• A) $6.35, $18.85
• B) $29.65, $42.15
• C) $21.65, $34.15
• D) $8, $8
• E) -$8, -$8

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Definitions:

IEEE

The Institute of Electrical and Electronics Engineers, a professional association for the advancement of technology.

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