Consider two put options differing only by exercise price. The one with the higher exercise price has

Consider two put options differing only by exercise price. The one with the higher exercise price has




a. the lower breakeven and lower profit potential
b. the lower breakeven and greater profit potential
c. the higher breakeven and greater profit potential
d. the higher breakeven and lower profit potential
e. the greater premium and lower profit potential






Answer: D


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