L = 12, I = 9, M = 13, E = 5 ⇒ 12 – 9 + 13 – 5 = 11 T = 20, I = 9, M = 13, E = 5 Then, STEP S = 19, T = 20, E = 5, P = 16 ⇒ 19 – 20 + 5 – 16 = - 12
Calculate Rate on Return on Capital Employed:
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A Put Option is:
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