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mantparn mantparn
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7 years ago
If an investor buys a 100-share call option for $325 with an exercise price of $15 and the underlying price per share of the stock at expiration is $13, what is the amount of profit or loss, ignoring brokerage fees?
A) There would be a profit of $525.
B) There would be a loss of $125.
C) There would be a loss of $325.
D) There would be a loss of $525.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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donnabandonnaban
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mantparn Author
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#2
6 years ago
Thanks again for helping me in my management class!
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