A CocaCola sixmonth call option at $55 per share gives the buyer the right (an option) to

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A Coca‐Cola six‐month call option at $55 per share gives the buyer the right (an option) to purchase 100 shares of Coke at $55 per share from a writer (seller) of the option anytime during the six months before the specified expiration date. The buyer pays a premium (the price of the call) to the writer for this option.

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Investments Analysis And Management

ISBN: 9781118975589

13th Edition

Authors: Charles P. Jones, Gerald R. Jensen

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