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Rickos Rickos
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6 years ago
Ahmad bought call options on Home Depot with a strike price of $130. The option premium was $6.68. Just before the contract expired, Home Depot stock was $135 per share. Ahmad
A) made a profit of $1.68 per share.
B) lost $6.68 per share because the option would not be exercised.
C) made a profit of $6.68 per share.
D) lost $1.68 per share.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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LutionalLutional
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