Question

Figure 10-1

If you buy the March put and don't exercise before contract maturity, you will make a profit if the stock price at maturity _______________________ from today's price.
A. increases by more than 9.65%
B. increases by more than 4.57%
C. decreases by more than 3.94%
D. decreases by more than 11.99%
E. does not decrease by more than 5.64%

Answer

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