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Three Months Ago You Bought for $4 a Put Option

Question 89

Multiple Choice

Three months ago you bought for $4 a put option on a stock with an exercise price of $100.If the stock price at expiration of this option is $92,what is your return on investment?


A) 200%
B) 150%
C) 100%
D) 50%

Correct Answer:

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