Question
Suppose you short-sell a stock (which pays no dividends) for $67 and buy a $65-strike call option for $16.86. Assuming the effective annual interest rate
Suppose you short-sell a stock (which pays no dividends) for $67 and buy a $65-strike call option for $16.86. Assuming the effective annual interest rate is 9%, what is the profit on your position if the stock is worth $48.24 when the option expires?
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Sustainable Value Creation An Inevitable Challenge To Business And Society
Authors: Teun Wolters
1st Edition
3031353501, 978-3031353505
