Question
You bought 3 call option contracts on Alices Restaurant stock when it is trading at $54.25. The call had an exercise price of $60 and
You bought 3 call option contracts on Alices Restaurant stock when it is trading at $54.25. The call had an exercise price of $60 and cost $2.50. What is your profit or loss on this trade if the stock is trading at $62.75 when the options expire?
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Fundamentals Of Healthcare Finance
Authors: Louis C. Gapenski
2nd Edition
1567934757, 978-1567934755
