USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

-Refer to Exhibit 16.1. If the spot rate at expiration is $0.75 and the put option was purchased, what is the dollar gain or loss?
A) $0
B) $200 loss
C) $200 gain
D) $3160 gain
E) $1187 loss

Question

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
 
-Refer to Exhibit 16.1. If the spot rate at expiration is $0.75 and the put option was purchased, what is the dollar gain or loss?
A) $0 
B) $200 loss 
C) $200 gain 
D) $3160 gain 
E) $1187 loss

Quizplus · Accepted Answer

The Answer of USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
 
-Refer to Exhibit 16.1. If the spot rate at expiration is $0.75 and the put option was purchased, what is the dollar gain or loss?
A) $0 
B) $200 loss 
C) $200 gain 
D) $3160 gain 
E) $1187 loss