Question: Stock versus Options (LO1, CFA1)Stock in Bunyan Brewery is currently priced at $20 per share. A call option with a $20 strike price and 60
Stock versus Options (LO1, CFA1) Stock in Bunyan Brewery is currently priced at
$20 per share. A call option with a $20 strike price and 60 days to maturity is quoted at $2.
Compare the percentage gains and losses from a $2,000 investment in the stock versus the option in 60 days for stock prices of $26, $20, and $18.
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