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Use the following quotes for Target stock options: Assume you purchased the right to sell 2 , 0 0 0 shares of Target stock in
Use the following quotes for Target stock options:
Assume you purchased the right to sell shares of Target stock in February at a strike price of $ per share. Suppose
Target stock sells for $ per share immediately before your options' expiration. What is the rate of return on your investment? What
is your rate of return if the stock sells for $ per share think about it Assume your holding period for this investment is exactly
three months.
Note: A negaive value should be indicated by a minus sign. Do not round intermediate calculations. Enter your month returns as
a percent rounded to decimal places.
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