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shepherd shepherd
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Posts: 2986
6 years ago
If a call option is purchased at a premium of $200 with the current price of the stock at $25 per share and an exercise price of $28 per share, to what price would the stock need to increase to exercise the option and sell the stock to realize a gain of 250% on the option? Ignore taxes and brokerage commissions.
A) $62.50      B) $35      C) $70      D) $100
Textbook 

Personal Finance


Edition: 5th
Author:
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tityltityl
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Posts: 2938
6 years ago
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wrote...
6 years ago
BRILLIANT!
wrote...
6 years ago
Let me know if you need anymore help
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