Question
A European call option has a strike price of $60 and costs $4. When will the long party make a profit at maturity of the
A European call option has a strike price of $60 and costs $4. When will the long party make a profit at maturity of the option?
| A. | If the stock price at maturity is less than $60 | |
| B. | If the stock price at maturity is greater than $60 | |
| C. | If the stock price at maturity is greater than $64 | |
| D. | If the stock price at maturity is greater than $56 |
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The Business Of Personal Finance
Authors: Joseph Calandro Jr, John Hoffmire
1st Edition
1032104562, 978-1032104560
