Question
You write one MBI July 126 call contract (equaling 100 shares) for a premium of $10. You hold the option until the expiration date, when
You write one MBI July 126 call contract (equaling 100 shares) for a premium of $10. You hold the option until the expiration date, when MBI stock sells for $133 per share. You will realize a ______ on the investment. Multiple Choice $300 profit $700 profit $700 loss $1,700 loss
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Fundamentals of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
12th edition
978-0133075403, 133075354, 9780133423938, 133075400, 013342393X, 978-0133075359
