Business, 08.04.2021 21:20, Elency

A speculator purchases a put option for a premium of $4, with an exercise price of $30. The stock is presently priced at $29, and rises to $32 before the expiration date. What is the maximum profit per unit to the speculator who owned the put option assuming he or she exercises the option at the ideal time

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A speculator purchases a put option for a premium of $4, with an exercise price of $30. The stock is...