Sohar company makes a put option with Dhofar company to sell 1600 tons of petroleum at a rate of 205.3 per ton to be exercised six months later. At the time of contract is signed, 1 ton of petroleum is 201.8 OMR. Six months later, Sohar company exercises the option and makes -9100 OMR of loss. Calculate the actual price on the date of exercise. Select one: O a. 196.113 Ob. 207.488 Oc. 199.613 Od. 210.988

Sohar company makes a put option with Dhofar company to sell 1600 tons of petroleum at a rate of 205.3 per ton to be exercised six months later. At the time of contract is signed, 1 ton of petroleum is 201.8 OMR. Six months later, Sohar company exercises the option and makes -9100 OMR of loss. Calculate the actual price on the date of exercise. Select one: O a. 196.113 Ob. 207.488 Oc. 199.613 Od. 210.988

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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