Question
Last week, you purchased a call option on a stock with a strike price of $35. The stock price was $33.30 and the option price
Last week, you purchased a call option on a stock with a strike price of $35. The stock price was $33.30 and the option price was $.35 at that time. What is the current intrinsic value per share if the stock is now selling at $36.60 a share?
| $1.25 |
| $3.30 |
| $1.60 |
| 0 |
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Intermediate Financial Management
Authors: Eugene F. Brigham, Louis C. Gapenski
4th Edition
0030754828, 978-0030754821
