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HIsPoCratiC HIsPoCratiC
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6 years ago
Suppose that in June 2013 you bought a call option that allows you to buy 100 shares of a certain stock for $20 before October 2013. If the market price of the stock at some point before October 2013 is $23, and you exercise your option, what will happen?
A) You will incur a loss of $300.00.
B) You will incur a loss of $30.00.
C) You will make a $300.00 profit.
D) You will make a $30.00 profit.
E) You will make a $3000.00 profit.
Textbook 
Business Essentials, Canadian Edition

Business Essentials, Canadian Edition


Edition: 8th
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6 years ago
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