Question
A call option on Bedrock Bounders stock has a market price $6. The stock sells for $32 a share, and the option has an exercise
A call option on Bedrock Bounders stock has a market price $6. The stock sells for $32 a share, and the option has an exercise price of $29 a share.
What is the exercise value of the call option? Round your answer to the nearest cent.
What is the premium on the option? Round your answer to the nearest cent.
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Financial Modeling Using Excel And VBA
Authors: Chandan Sengupta
1st Edition
0471267686, 978-0471267683
