You purchased eight Pangolin Corporation options with a strike price of $30.00 at a quoted price of

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You purchased eight Pangolin Corporation options with a strike price of $30.00 at a quoted price of $.29What is your total profit on this Investment if the price of Pangolin is $32.40 on the option expiration date:

−$232

$1,688

$1,920

$2,152

$232

Related Book For answer-question

Fundamentals Of Corporate Finance

ISBN: 9781265553609

13th Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Posted Date: Jan 30, 2024 12:01 AM

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You purchased eight Pangolin Corporation options with a strike price of $30.00 at a quoted price of

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Fundamentals Of Corporate Finance

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