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shepherd shepherd
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8 years ago
Ruth paid $300 for a call option on 100 shares of stock. The option gives her the right to buy the stock for $37 per share until April 1. On March 15, the stock rises to $42 per share and Ruth exercises her option. What is Ruth's return on the option?
A) 100%      B) 167%      C) 150%      D) 67%
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Personal Finance

Personal Finance


Edition: 5th
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tityltityl
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shepherd Author
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#2
8 years ago
BRILLIANT!
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#3
8 years ago
Happy to help Slight SmileSlight Smile
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