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Question 38 (1 point)\ ABC Company shares are currently trading at $37.50. For...

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Question

Accounting

Question 38 (1 point)\

ABC

Company shares are currently trading at

$37.50

. For

$2.50

an investor purchases a put option expiring in September with a strike price of

$33.50

. At what

ABC

company share price will this position become profitable for the investor?\ a) At a price above

$36

\ b) At a price above

$40

\ c) At a price below

$31

\ d) At a price equal to

$35
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ABC Company shares are currently trading at $37.50. For $2.50 an investor purchases a put option expiring in September with a strike price of $33.50. At what ABC company share price will this position become profitable for the investor? a) At a price above $36 b) At a price above $40 c) At a price below $31 d) At a price equal to $35

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