You purchase one ibm july 120 put contract for a premium of $5. you hold the option until the expiration date when ibm stock is at $123 per share on the market. how much profit or loss you will realize a on the investment? a. $500 loss b. $0 profit c. $300 profit d. $200 loss

Comparative financial statements for weller corporation, a merchandising company, for the year ending december 31 appear below. the company did not issue any new common stock during the year. a total of 800,000 shares of common stock were outstanding. the interest rate on the bonds, which were sold at their face value, was 12%. the income tax rate was 40% and the dividend per share of common stock was $0.40 this year. the market value of the company's common stock at the end of the year was $18. all of the company's sales are on account. time interest earned ratio