Question
You purchased a call option for an Apple stock with the strike price of $110. The option premium was $1. You held the option until
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You purchased a call option for an Apple stock with the strike price of $110. The option premium was $1. You held the option until maturity, when the price for each share of Apple was $111. Your payoff at maturity was_____.
-$2.
$-1
$1
$0
You purchased a call option for an Apple stock with the strike price of $110. The option premium was $1. You held the option until maturity, when the price for each share of Apple was $111. Your payoff at maturity was_____.
| -$2.
| ||
| $-1 | ||
| $1 | ||
| $0 |
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Finance For Non Financial Managers
Authors: Pierre G. Bergeron
5th Edition
0176104070, 9780176104078
