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PLEASE ANSWER: 1 . Whatre your call options worth?: 2 . What is your net profit? You purchase 30 call contracts on Burton Boards stock.
PLEASE ANSWER:
Whatre your call options worth?:
What is your net profit?
You purchase 30 call contracts on Burton Boards stock. The strike price is $22, and the premium is $1. If the stock is selling for $23 per share just prior to option expiry, what are your call options worth? Provide an answer to two decimal places, do not include the $ symbol or a comma. Answer:
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
5th Edition
0078034663, 978-0078034664
