With regard to futures options, how much profit would an investor make if she bought a call

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With regard to futures options, how much profit would an investor make if she bought a call option on gold at 7.20 when gold was trading at $482 an ounce, given that the price of gold went up to $525 an ounce by the expiration date on the call?

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Fundamentals of Investing

ISBN: 978-0133075359

12th edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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Question Posted: Apr 28, 2015 03:55 AM

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With regard to futures options, how much profit would an investor make if she bought a call

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The purchase price of the gold call option would be 720 x 100 720 The value of th...View the full answer

Fundamentals of Investing

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