Question $10$

An investor purchases a call option on a fixed income security index for $$30.$ Which of the following results is most likely to occur if the index at expiration is $$700$ given an exercise price of $$600.$

Select one

$.$ The oftion will be exercised and the payoff will be $$30.$

B$.$ The option will be exercised and the profit will be $$100.$

C$.$ The option wit the altowed to exptre.

D$.$ The option will be exercised and the profit will be $$70.$