Question: Problem 1 5 - 1 6 Index Options ( LO 2 , CFA 1 ) Suppose you buy one SPX call option contract with a

Problem 15-16 Index Options (LO2, CFA1)
Suppose you buy one SPX call option contract with a strike of 3700. At maturity, the S&P 500 index is at 3720. What is your net gain or loss if the premium you paid was $14?
Note: Input the amount as a positive value.
Problem 15-16 Index Options (LO2, CFA1) Suppose you buy one SPX

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