Question
You have purchased a 45 strike call option for $4.35 which expires in 35 days and the stock is currently at $43.69 per share. At
You have purchased a 45 strike call option for $4.35 which expires in 35 days and the stock is currently at $43.69 per share. At expiry, the stock closes at $46.05. What is your total profit or loss?
A net loss of $330.
Neither a gain or a loss.
A net gain of $435.
A net loss of $435.
A net gain of $330.
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Financial and Management Accounting
Authors: Pauline Weetman
7th edition
1292086599, 978-1292086590
