Question
In this trade, investors would buy Apple's January 120 call at $22, and sell the January 150 call at $11.60. If Apple's stock increases to
In this trade, investors would buy Apple's January 120 call at $22, and sell the January 150 call at $11.60. If Apple's stock increases to $150, as predicted by Morgan Stanley, during the next 598 days, how much would investors return be?
What is the investors gain?
A. 20.50
B. 19.60
C. 18.80
D. 17.40
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Finance For Managers
Authors: E. Martinez Abascal
1st Edition
0077140079, 9780077140076
