Question
You have a call option on Slugma Corp. with a strike price of $40 that expires today. The current stock price on Slugma Corp. is
You have a call option on Slugma Corp. with a strike price of $40 that expires today. The current stock price on Slugma Corp. is $45. You should ________ the call option because its intrinsic value is __________.
| Exercise; $5.00 | ||
| Exercise; $0.00 | ||
| Not exercise; $5.00 | ||
| Not exercise; $0.00 |
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Fundamentals Of Corporate Finance
Authors: Richard A. Brealey, Marcus, Alan J, Myers, Stewart C.
2nd Edition
0070074860, 9780070074866
