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A call option written on Citi Bank has an exercise price of $25 with a premium of $2. Currently, Citi Bank is trading at $18
A call option written on Citi Bank has an exercise price of $25 with a premium of $2. Currently, Citi Bank is trading at $18 per share. What is the net profit/loss to the buyer of this option?
A. -2
B. +7
C. -7
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Global Business Today
Authors: Charles Hill
7th Edition
0078137217, 9780078137211
