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Consider a shout call option. This option has a strike price is $40. The long party shouts when the underlying asset price is $50. What
Consider a shout call option. This option has a strike price is $40. The long party shouts when the underlying asset price is $50. What is the payoff to the long party if the asset price at maturity is $48?
A. | $18 | |
B. | $8 | |
C. | $0 | |
D. | $10 |
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