Question
Little Friskies has an option that has a strike price of $26.20 and expires today. The value of the stock today is $30.38. When the
Little Friskies has an option that has a strike price of $26.20 and expires today. The value of the stock today is $30.38. When the option was quoted at $3.22, you purchased twenty Little Friskies call option contracts. What is your total profit or loss on your investment?
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$1,920
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$2,910
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$6,230
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$8,360
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Financial Markets And Institutions
Authors: Jeff Madura
8th Edition
0324568215, 978-0324568219
