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You purchase a call option on NFLX with an exercise price of $340 for a premium of $15. You hold the option until the expiration

You purchase a call option on NFLX with an exercise price of $340 for a premium of $15. You hold the option until the expiration date, when the stock sells for $348 per share. Your profit from the option purchase is ______ per share.

All else the same, an American style option will be _________ valuable than an European style option. (options: more or less)

BH Corp's free cash flow to equity holders is expected to be $114 million for years 1-3 and is projected to grow at a rate of 2% afterwards. There are 20 million shares of equity outstanding. What is the predicted price of the stock if the cost of equity is 12%? Round your answer to two decimal places and enter it without the dollar sign.

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