Question
You purchased five Energizer call option contracts with a strike price of $37 when the option was quoted at $1.79. The option expires today
You purchased five Energizer call option contracts with a strike price of $37 when the option was quoted at $1.79. The option expires today when the value of Energizer stock is $42.40. Ignoring trading costs and taxes, what is your total profit or loss on your investment?
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Fundamentals Of Investments Valuation And Management
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
10th Edition
1266824014, 9781266824012
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