The premium on a call option on the market index with an exercise price of 100 is

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The premium on a call option on the market index with an exercise price of 100 is $1.90 when originally purchased. After 2 months the position is closed and the index spot price is 102. If interest rates are 0.5% per month, what is the Call Profit or Loss?
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Investments

ISBN: 9780073530703

9th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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