15. A fi rm buys a December $100,000 Trea sury bond call option with a strike price...

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✓15. A fi rm buys a December $100,000 Trea sury bond call option with a strike price of 110.

If the spot price in December is $108,000, is the option exercised?                  Appendix

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An Introduction To Financial Markets And Institutions

ISBN: 978-0765622761

2nd Edition

Authors: Maureen Burton ,Reynold F. Nesiba ,Bruce Brown

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