Question
Suppose XYZ is priced at $125 a share. The 150 call has six months to expiration and is quoted at $.05. Why do you suppose
Suppose XYZ is priced at $125 a share. The 150 call has six months to expiration and is quoted at $.05. Why do you suppose investors would be willing to purchase a call that is so far out of the money?
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CFIN
Authors: Scott Besley, Eugene Brigham
5th edition
1305661656, 9781305888036 , 978-1305666870
