graciemonceret2270 graciemonceret2270

25-01-2024
Business

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An investor purchases 1 XYZ October 40 put when the market price of XYZ is $41 per share, and pays a premium of $3. What is the maximum profit the investor can have?
a. $300
b. $3,700
c. $3,800
d. Unlimited

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