NO.PZ202212300200003104
问题如下:
Based on Exhibit 1, the breakeven share price for
Strategy 4 is closest to:
选项:
A.
€22.50
B.
€28.50
C.
€33.50
解释:
Correct Answer: B
B is correct. Strategy 4
is a bear spread, which is a combination of a long put option and a short put
option on the same underlying, where the long put has a higher strike price
than the short put. In the case of Strategy 4, the April €31.00 put option would
be purchased and the April €25.00 put option would be sold. The long put
premium is €3.00 and the short put premium is €0.50, for a net cost of €2.50.
The breakeven share price is €28.50, calculated as XH – (pH – pL) = €31.00 –
(€3.00 – €0.50) = €28.50.
如问题所述,bearn spread包含两种,选择另外一个可不可以?