The put option premium per share on 30 September 20x1 was: (a) $0 (b) $0.05 (c) $0.20
Question:
The put option premium per share on 30 September 20x1 was:
(a) $0
(b) $0.05
(c) $0.20
(d) $0.15
On 31 July 20x1, Atlas Company wrote (sold) a put option on 10,000 Listco shares. The option premium was $0.18 per share and the exercise price was $3.60. The option expired on 30 September 20x1. The prices of Listco shares and the put option on selected dates are as follows:
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Related Book For
Advanced Financial Accounting An IFRS Standards Approach
ISBN: 9781285428765
4th Edition
Authors: Pearl Tan, Chu Yeong Lim, Ee Wen Kuah
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