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homework 8/15
a. Premium sold for was $0.17 at $50.00 strike
b. Expiration date was Aug 18
c. Aug 14
d. $49.75
e. APR 22% netting $36.05

Had I waited until today 8/15 to do the homework as $0.19 premium would have given an APR of 34% but I would have netted $42.05.

Ruth Sperry