Question
You buy a call on Apple with a strike of 270 that expires in two weeks. This option cost you $4. At the end of
You buy a call on Apple with a strike of 270 that expires in two weeks. This option cost you $4. At the end of expiration day, what is the lowest apples price could be for you to decide to exercise the option? (270 is not the correct answer. I tried it already)
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International Financial Management
Authors: Jeff Madura, Roland Fox
5th Edition
1473770505, 978-1473770508
