Question
A speculator purchased a call option with an exercise price of $31 for a premium of $4. The option was exercised a few days later
A speculator purchased a call option with an exercise price of $31 for a premium of $4. The option was exercised a few days later when the stock price was $34. What was the return to the speculator?
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Financial Management For Nurse Managers Merging The Heart With The Dollar
Authors: Janne Dunham-Taylor, Joseph Z. Pinczuk
1st Edition
1284031039, 9781284031034
