Question
Consider the following information on AAPL. The current stock price is $326.72. The call option has a strike price of $320. The price of the
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Consider the following information on AAPL. The current stock price is $326.72. The call option has a strike price of $320. The price of the call option is $68. The option has 1 year till expiration.
Question:
Suppose you purchase the option at the current price and hold it until expiration. If the stock price at expiration is $350, the return on your investment is:
-55.88%
44.11%
-100%
None of the above
Consider the following information on AAPL. The current stock price is $326.72. The call option has a strike price of $320. The price of the call option is $68. The option has 1 year till expiration.
Question:
Suppose you purchase the option at the current price and hold it until expiration. If the stock price at expiration is $350, the return on your investment is:
| -55.88% | ||
| 44.11% | ||
| -100% | ||
| None of the above |
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Intermediate Financial Management
Authors: Eugene F Brigham, Phillip R Daves
9th Edition
032431986X, 9780324319866
