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Carlos purchased 100 shares of stock in Company Alpha for $21 a share. He recently sold a call on the stock for $1.50 a share
Carlos purchased 100 shares of stock in Company Alpha for $21 a share. He recently sold a call on the stock for $1.50 a share with a strike price of $40. The stock has since increased in price to $42 per share. How much will Carlos make on this stock if the option is exercised?
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Investment Analysis and Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
10th Edition
538482109, 1133711774, 538482389, 9780538482103, 9781133711773, 978-0538482387
