Question
28 Marta purchased one $10 CC Call @ $4.00. When SC waS $12.00, she exercised the option and subsequently sold (SC when it was trading
28 Marta purchased one $10 CC Call @ $4.00. When SC waS $12.00, she exercised the option and subsequently sold (SC when it was trading at $16. What was her total profit?
a. $200
b. $400
O c. $1,000
d. $1,600
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
