1. Suppose an investor writes 6 naked put option contracts on a stock. If the put option price is $12, strike price is $55 and share price $60, what would be the initial margin requirement? (note. one option contract = 100 shares)
a. $21400
b. $10500
c. $20500
d. $11400
2. suppose you inherited $200,000 and invested it at 6% per year. how much could you withdraw at the end of each of the next 15 years?
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