Question
A customer sells short 100 shares of ABC stock at 40 and buys 1 ABC Mar 40 Call at $5. A) the stock rises to
A customer sells short 100 shares of ABC stock at 40 and buys 1 ABC Mar 40 Call at $5. A) the stock rises to $80 and the customer exercises the call. The gain or loss is? B) the max potential loss is? C) max potential gain?
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Fundamentals Of Multinational Finance
Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman
3rd Edition
0321541642, 9780321541642
