Question
In March, an investor bought a Toyota call option with an expiration date in June and a strike price of $65 for $1.05 per option.
In March, an investor bought a Toyota call option with an expiration date in June and a strike price of $65 for $1.05 per option.
What will be the net profit or loss to the investor if the stock price is $72 on the expiration date?
What will be the net profit or loss to the investor if the stock price is $60 on the expiration date?
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Financial Management For Public, Health, And Not-for-Profit Organizations
Authors: Steven A. Finkler, Daniel L. Smith, Thad D. Calabrese, Robert M. Purtell
6th Edition
150639681X, 978-1506396811
