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Other Fields Homework Help Finance Topic started by: Yeniffer on Apr 26, 2021



Title: Jerry purchased a call option 3 months ago for $300 ($3 per share). It gives Jerry the right to buy ...
Post by: Yeniffer on Apr 26, 2021
Jerry purchased a call option 3 months ago for $300 ($3 per share). It gives Jerry the right to buy 100 shares in Morley Tobacco for $20 per share. The call option expires today. What is the lowest price that Jerry should exercise at and what is that lowest price at which Jerry would realize a profit?

▸ $17, $20

▸ $20, $17

▸ $20, $23

▸ $23, $20


Title: Jerry purchased a call option 3 months ago for $300 ($3 per share). It gives Jerry the right to buy ...
Post by: JulioBof on Apr 26, 2021
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