Question
You purchase a call option for a premium of $9 per unit, with an exercise price of $60 and the option will not be exercised
You purchase a call option for a premium of $9 per unit, with an exercise price of $60 and the option will not be exercised until the expiration date. If the spot price at maturity is $67, your net profit per stock is:
a.-$12.
b.-$2.
c.$2.
d.$12.
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Get StartedRecommended Textbook for
Public Finance A Contemporary Application of Theory to Policy
Authors: David N Hyman
11th edition
9781305474253, 1285173953, 1305474252, 978-1285173955
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