Question
1) You are long a $95 call on 100 shares of Merck with a premium of $6.13/share. When the option expires Merck is trading at
1) You are long a $95 call on 100 shares of Merck with a premium of $6.13/share. When the option expires Merck is trading at $95.63.
The premium (paid) collected on this option is $ ________
The intrinsic value of this option is $ ___________
The profit (loss) on this option is $ _________
The breakeven price on this option is $ __________
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Introductory Econometrics For Finance
Authors: Chris Brooks
4th Edition
110843682X, 9781108436823
