Question
You purchase a long call option giving you the right to buy 100 shares of Mises Corporation for a total premium of $1,500.The strike price
You purchase a long call option giving you the right to buy 100 shares of Mises Corporation for a total premium of $1,500.The strike price on the option is $10 and the final stock price is $85.What is your profit or loss?
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Finance Applications and Theory
Authors: Marcia Cornett
4th edition
1259691411, 978-1259691416
