14.7 Briefly explain how you would make money on (a) a call option and (b) a put...

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14.7 Briefly explain how you would make money on

(a) a call option and

(b) a put option. Do you have to exercise the option to capture the profit?

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Fundamentals Of Investing

ISBN: 9781442532885

3rd Edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Scott Smart, Roger Juchau, Donald Ross, Sue Wright

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