Question
You purchase one MBI July 124 call contract (equaling 100 shares) for a premium of $11. You hold the option until the expiration date, when
You purchase one MBI July 124 call contract (equaling 100 shares) for a premium of $11. You hold the option until the expiration date, when MBI stock sells for $131 per share. You will realize a ______ on the investment.
Multiple Choice
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$400 profit
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$400 loss
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$700 profit
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$700 loss
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Monetary Policy And Public Finance
Authors: G. C. Hockley
1st Edition
1138704792, 978-1138704794
