Question
An option on Vanderlay Industries has three months until maturity with a strike of $98; the cost to purchase this option today is $5. At
An option on Vanderlay Industries has three months until maturity with a strike of $98; the cost to purchase this option today is $5. At expiration in three months, Vanderlays stock is trading at $100. At maturity, what is the profit from this trade?
| A. | -$3 | |
| B. | $0 | |
| C. | +$2 | |
| D. | +$3 |
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Gapenskis Fundamentals Of Healthcare Finance
Authors: Paula H. Song, Kristin L. Reiter
3rd Edition
1567939759, 978-1567939750
