Kizspy | Question: 24
(Choose 1 answer)
(24974) A strategy consists of buying a market index product at $830 and longing a put on the index with a strike of $830. If the put premium is $18.00 and interest rates are 0.5% per month, what is the profit or loss at expiration (in 6 months) if the market index is $810?
A. $20.00 gain
B. $18.65 gain
C. $36.29 loss
D. $43.76 loss
