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You purchased four call option contracts with a strike price of $25.00 and a premium of $1.25. At expiration, the shares were selling for $26.80
You purchased four call option contracts with a strike price of $25.00 and a premium of $1.25. At expiration, the shares were selling for $26.80 per share. What is the total amount it cost you to acquire your shares?
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Each option contract gives you the right to buy 100 shares at the st...
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Fundamentals of Investments Valuation and Management
Authors: Bradford D. Jordan, Thomas W. Miller
5th edition
978-007728329, 9780073382357, 0077283295, 73382353, 978-0077283292
