Question
You purchased three call option contracts with a strike price of $22.50 and an option premium of $0.45. You held the option until the expiration
You purchased three call option contracts with a strike price of $22.50 and an option premium of $0.45. You held the option until the expiration date. On the expiration date, the stock was selling for $21.70 a share. What is the total profit or loss on your option position?
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The Management Of Business Finance
Authors: John Freear
1st Edition
0273014315, 978-0273014317
