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QUESTION 29 Suppose you own a call option that permits you to purchase 100 shares of the stock of Silicon Graphics for $15 per share

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QUESTION 29 Suppose you own a call option that permits you to purchase 100 shares of the stock of Silicon Graphics for $15 per share any time during the next three months Silicon Graphics has a current market price of $12 per share. Should you exercise the option and purchase the stock if the price increases to $18? What would be your guin (loss) if you exercised the option and then immediately sold the stock? TTT Arial 31200 T.E

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