Question
You bought Stock A at a purchase price of: $25 Call option strike price: $25 Option expiration date: June 30, 2022 Price of call
You bought Stock A at a purchase price of: $25 Call option strike price: $25 Option expiration date: June 30, 2022 Price of call option: $5 Return (%) = 100* (payoff - purchase cost)/purchase cost Express as positive or negative percent to nearest whole percent, e.g. -100% = -100 What is the return on the stock (%) if sell when stock goes up to 50? Assume that you bought only the stock, and not the call option.
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
324300980, 978-0324300987
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