Question
On February 19, 2014, you are holding a call option on a stock, with an exercise price of $45, which will expire on February 22,
On February 19, 2014, you are holding a call option on a stock, with an exercise price of $45, which will expire on February 22, 2014. The closing price of the stock on February 5 is $42. What is the value of your call option?
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International Money and Finance
Authors: Michael Melvin, Stefan C. Norrbin
8th edition
978-8131234136, 123852471, 978-0123852472
