A stock has an exercise (strike) price of $40. a. If the stock price goes to $41.50,
Question:
a. If the stock price goes to $41.50, is the exchange likely to add a new strike price?
b. If the stock price goes to $42.75 is the exchange likely to add a new strike price?
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a No For stocks over 25 the normal inter...View the full answer
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Related Book For
Fundamentals of Investment Management
ISBN: 978-0078034626
10th edition
Authors: Geoffrey Hirt, Stanley Block
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