Question
What are the payoffs and profits per share to investments in the following options positions assuming that the stock price on the date of expiration
What are the payoffs and profits per share to investments in the following options positions assuming that the stock price on the date of expiration is $85.65? (Leave no cells blank - be certain to enter "0" wherever required. Loss amounts should be indicated by a minus sign. Round "Profit/Loss" to 2 decimal places.)
| Payoff | Profit/Loss | ||
| a. | Call option, X = 80, Premium = $3.25 | ||
| b. | Call option, X = 90, Premium = $3.25 | ||
| c. | Put option, X = 80, Premium = $2.45 | ||
| d. | Put option, X = 90, Premium = $2.45 | ||
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Millon Cornett
1st International Edition
0071181334, 9780071181334
