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1 . 3 On 1 0 November 2 0 2 3 , an investor buys a call option to purchase the Glencore Plc share at
On November an investor buys a call option to purchase the Glencore Plc share at a price of R with an exercise price of R on January Glencore Plc is a Swiss multinational commodity trading and mining company with headquarters in Baar, Switzerland. Assume that the fair value of the share option on December increased to R
a At what share price will the investor break even on the purchase of the call?
b If the share price of Glencore Plc is R on December how much will the intrinsic value and time value on the call option be
c What are the three variables or inputs
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