Question
A Stock is valued at $43 per share. You can purchase a 3-month call at a strike price of $45 for a premium cost of
A Stock is valued at $43 per share. You can purchase a 3-month call at a strike price of $45 for a premium cost of $1 per share. What is the intrinsic value of the call?
a. 0 b. 2 c. 4 d. -2 Using the same stock information from question 2 above, what is your realized gain or loss per share if the stock price is $67 after 3 months?
a. 22 b. 21 c. -22 d. -21
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes
4th Edition
0256147175, 978-0256147179
