Question
An investor purchases 100 shares of XYZ at 60 per share, and also writes an XYZ call with a strike price of 65. The investor
An investor purchases 100 shares of XYZ at 60 per share, and also writes an XYZ call with a strike price of 65. The investor receives $3 in premium from the call.
What is the investor's maximum potential loss?
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, William J. Kretlow
11th Edition
0324653506, 978-0324653502
