The current price of AT&T is $50. You purchased one AT&T March call for $2 and one
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The current price of AT&T is $50. You purchased one AT&T March call for $2 and one AT&T March put for $1 both at the same strike price of $50. At expiration, if the price of AT&T goes to $55, you will
A. make a $2 profit.
B. make a $1 profit.
C. make no profit or loss
D. make a $2 loss.
E. make a $1 loss.
Related Book For
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba
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