You purchase 10 call option contracts with a strike price of $60 and a premium of $1.95.
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You purchase 10 call option contracts with a strike price of $60 and a premium of $1.95. If the stock price at expiration is $72, what is your dollar profit? What if the stock price is $57.95?
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Cost of contracts 195 10 100 1950 If the s...View the full answer
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Related Book For
Fundamentals Of Investments Valuation And Management
ISBN: 9781266824012
10th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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