Question: Question Completion Status: 2 5 10 12 17 13 4 points Save A Question 3 Suppose that on 2-March Commodity Inc, enters into a European

 Question Completion Status: 2 5 10 12 17 13 4 points

Question Completion Status: 2 5 10 12 17 13 4 points Save A Question 3 Suppose that on 2-March Commodity Inc, enters into a European options contract to buy 100 Troy Ources of silver from Metal Inc, both are hypothetical companies, on 30-March at price $0.75/Troy ounce. The price of the option is 0.015 Troy ounce silver. If price of the silver on 30-March is $0.78/Troy ounce, then 1. Metal Inc. will enjoy pay off of 0.03$. 2. Metal Inc. will enjoy pay off of 0.02$. 3. Commodity Inc. will enjoy pay off of 0.02$. 4. Commodity Inc. will enjoy pay off of 0.03$. MacBook Pro

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