A call option on Microsoft with expiration in June 2023 and strike price of $220 is selling

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A call option on Microsoft with expiration in June 2023 and strike price of $220 is selling for a premium of $118 per share. What is the profit for the holder of the option if the stock price at expiration is 389.

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Financial Markets and Institutions

ISBN: 978-1337099745

12th edition

Authors: Jeff Madura

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Posted Date: Jan 24, 2023 03:05 AM

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A call option on Microsoft with expiration in June 2023 and strike price of $220 is selling

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Financial Markets and Institutions

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