Teresa purchased a call option on a stock for $ 250. The option allows her to purchase the stock for $ 40 per share if she exercises the option by December 31st. On December 15th, the stock rises to $ 60 per share and Teresa exercises the option. What is Teresa’s return?
Answer to relevant QuestionsMike has decided that it is time he put his money to work for him. He has accumulated a substantial nest egg in a savings account at a local bank, but he realizes that with less than 3% interest he will never reach his ...Given Brad’s lack of knowledge of investing and his limited time to learn or do research, what might be the best option for Brad to pursue and still get the benefit of the potential growth in the technology sector? Discuss the choices an employee has to manage a retirement account upon leaving an employer. How does Social Security fit into retirement planning? How does an Social Security calculated? Describe some factors that affect the amount of your benefits. Ricky and Sharon married at age 22, started a family, and bought a house. At age 30, they began making a contribution of $ 4,000 to a traditional IRA. They continued making these contributions annually until age 60. If the ...
Post your question