Question
Yesterday, you purchased for $1.68 a call option on stock A, when it was selling for $37.21 a share. Today, the stock is selling for
Yesterday, you purchased for $1.68 a call option on stock A, when it was selling for $37.21 a share. Today, the stock is selling for $36.62. The option has a strike price of $32.24. What is the intrinsic value per share today?
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$4.97
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$4.38
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$3.29
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$2.70
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Introduction To Corporate Finance
Authors: William L. Megginson, M.D. Lucey Brian C., Scott J. Smart, Scott B. Smart, Bill Megginson
1st Edition
184480562X, 9781844805624
