{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-05T21:04:07-04:00", "answer_date": "2024-06-05 21:04:07", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "2316126", "url": "\/study-help\/questions\/suppose-you-believe-that-bennett-environmentals-stock-price-is-going-2316126", "question_creation_date_js": "2024-06-05T21:04:07-04:00", "question_creation_date": "Jun 05, 2024 09:04 PM", "meta_title": "[Solved] Suppose you believe that Bennett Environm | SolutionInn", "meta_description": "Answer of - Suppose you believe that Bennett Environmental's stock price is going to increase from its current level of $ 38.16 so | SolutionInn", "meta_keywords": "bennett,environmental,s,stock,price,increase,current,level,$,38.16,7,months", "question_title_h1": "Suppose you believe that Bennett Environmental's stock price is going to increase from its current level of $ 38.16 sometime during the next 7 months.", "question_title": "Suppose you believe that Bennett Environmental's stock price is going to increase", "question_title_for_js_snippet": "Suppose you believe that Bennett Environmental's stock price is going to increase from its current level of $ 38 16 sometime during the next 7 months For $ 372 54 you could buy a 7 month call option giving you the right to buy 100 shares at a price of $ 27 per share If you bought a 100 share contract for $ 372 54 and Bennett's stock price actually changed to $ 33 61 , your net profit (or loss) after exercising the option would be Show your answer to the nearest 01 Do not use $ or , signs in your answer Use a sign if you lose money on the contract", "question_description": "\"image

<\/p>

\"image<\/div><\/div><\/div> Suppose you believe that Bennett Environmental's stock price is going to increase from its current level of $ 38.16 sometime during the next 7 months. For $ 372.54 you could buy a 7-month call option giving you the right to buy 100 shares at a price of $ 27 per share. If you bought a 100-share contract for $ 372.54 and Bennett's stock price actually changed to $ 33.61 , your net profit (or loss) after exercising the option would be ? Show your answer to the nearest .01. Do not use $ or , signs in your answer. Use a - sign if you lose money on the contract", "transcribed_text": "", "related_book": { "title": "Income Tax Fundamentals 2013", "isbn": "1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516", "edition": "31st Edition", "authors": "Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1124.jpg", "uri": "\/textbooks\/income-tax-fundamentals-2013-31st-edition-9781285586618", "see_more_uri": "" }, "free_related_book": { "isbn": "1107121337", "uri": "\/textbooks\/fatigue-design-of-marine-structures-1st-edition-978-1107121331-296777", "name": "Fatigue Design Of Marine Structures", "edition": "1st Edition" }, "question_posted": "2024-06-05 21:04:07", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/a-recent-report-concludes-that-while-internet-users-like-the", "description": "A recent report concludes that while Internet users like the convenience of online shopping, they do have concerns about privacy and security (Online Shopping, Washington, DC Pew Internet & American...", "stars": 3 }, { "url": "\/study-help\/basic-technical-mathematics\/solve-the-given-systems-of-equations-by-the-method-of-elimination-by-substitution", "description": "Solve the given systems of equations by the method of elimination by substitution. 33x + 2y = 34 40y = 9x + 11", "stars": 3 }, { "url": "\/study-help\/coaching-supervision-a-practical-guide-for-supervisees\/which-model-describing-workfamily-interaction-introduced-in-section-112-would-1980274", "description": "Which model describing workfamily interaction, introduced in Section 11.2, would be your personal favourite and why? 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