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mantparn mantparn
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7 years ago
If an investor buys a 100-share call option for $300 with an exercise price of $30 and the underlying price per share of the stock at expiration is $32, what is the amount of profit or loss, ignoring brokerage fees?
A) There would be a profit of $200.
B) There would be a profit of $100.
C) There would be a loss of $100.
D) There would be a loss of $300.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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UlainUlain
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7 years ago
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6 years ago
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