Ch10-Q82. The stock price of GK is $45.23. One option generally involves 100 shares of underlying stock. If you buy the March put and don't exercise before contract maturity, you will make a profit if the stock price at maturity. from today's price. Expiration Strike Mar Jun 50 50 Call price Put price ? 6.55 2.25 ?

Essentials Of Investments
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Chapter1: Investments: Background And Issues
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Ch10-Q82. The stock price of GK is $45.23. One option generally involves 100 shares of underlying
stock. If you buy the March put and don't exercise before contract maturity, you will make a profit if the
stock price at maturity
from today's price.
Expiration Strike
Mar
Jun
50
50
Call price Put price
?
2.25
6.55
?
O increases by more than 9.65 percent
O increases by more than 4.57 percent
O decreases by more than 3.94 percent
O decreases by more than 11.99 percent
O does not decrease by more than 5.64 percent
Transcribed Image Text:Ch10-Q82. The stock price of GK is $45.23. One option generally involves 100 shares of underlying stock. If you buy the March put and don't exercise before contract maturity, you will make a profit if the stock price at maturity from today's price. Expiration Strike Mar Jun 50 50 Call price Put price ? 2.25 6.55 ? O increases by more than 9.65 percent O increases by more than 4.57 percent O decreases by more than 3.94 percent O decreases by more than 11.99 percent O does not decrease by more than 5.64 percent
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