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Investor M purchases an XYZ/June/50 call on March 1. Assume that M pays $300 premium to the option writer, and further that M pays $25
Investor M purchases an XYZ/June/50 call on March 1. Assume that M pays $300 premium to the option writer, and further that M pays $25 commission to her broker. What is M's basis in the option?
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Basic Finance An Introduction To Financial Institutions, Investments, And Management
Authors: Herbert B. Mayo
12th Edition
1337691011, 978-1337691017
