What is the total amount you will receive if you sell 10 June $27.50 puts on Texas Instruments? Texas Instruments (TXN) CALL PUT Exp Strike Bid Ask Bid Ask May 25.00 6.60 6.70 N/A .01 Jun 25.00 6.50 6.75 N/A .03 Oct 25.00 6.95 7.25 .39 .42 May 27.50 4.10 4.15 N/A .01 Jun 27.50 4.05 4.30 .07 .10

Although appealing to more refined tastes, art as a collectible has not always performed so profitably. during 2003, an auction house sold a sculpture at auction for a price of $10,211,500. unfortunately for the previous owner, he had purchased it in 2000 at a price of $12,177,500. what was his annual rate of return on this sculpture? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answer as