Question
You pay $3.67 to go long on a call option with an exercise price of $65. If the underlying stock is trading at $73.22
You pay $3.67 to go long on a call option with an exercise price of $65. If the underlying stock is trading at $73.22 on the expiration date, what will the total profit or loss be for the option? (if it is a loss, enter it as a negative number)
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Understanding financial statements
Authors: Lyn M. Fraser, Aileen Ormiston
9th Edition
136086241, 978-0136086246
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