Suppose you believe that florio company's stock price is going to decline from its current level of $82.50 sometime during the next 5 months. for $5.10 you could buy a 5-month put option giving you the right to sell 1 share at a price of $85 per share. if you bought this option for $5.10 and florio's stock price actually dropped to $60, what would your pre-tax net profit be? a) $5.10 b) $19.90 c) $20.90 d) $22.50 e) $27.60

B. $19.90

Step-by-step explanation:

The put option will be exercised only if the final price is below the strike price. If the final price exceeds the strike price, there will simply be a loss equal to the cost of the option.

the equation cos(35) =a/25 can be used to find the length of bc what is the length of bc? round to the nearest tenth

step-by-step explanation:

.632

step-by-step explanation:

6 * 1/10 = 3/5

3*0.01 = 0.03

3/5 + 0.03 = .63

2*0.002 = .002

.63 + 0.002 = .632