Question
You purchased a call option with an exercise price of $50 and a premium of $6. If you exercise the option when the stock is
You purchased a call option with an exercise price of $50 and a premium of $6. If you exercise the option when the stock is $60, your net proceeds will be:
A) $0
B) $4
C) $16
D) $10
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Contemporary Financial Management
Authors: R. Charles Moyer, William J. Kretlow, James R. Mcguigan
8th Edition
0324065914, 9780324065916
