Quiz Ch 02 – Apple Call Options Profit/Loss Inquiry

Essentials of Investments

Bodie, Kane, and Marcus

12th Edition

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Given Apple's closing price of $120 on expiration day and an option premium of $3.00 assess the per-share profit or loss for an investor who purchased an Apple call option expiring in October with a $130 exercise price.

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  • Search Terms: $ $.. a) $ b) $. $? an apple assume at be bought call closed date exercise expiration gain gain c) $. if investor loss loss d) $. october of on option or per premium price profit share stock the to was what who with would
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