Kizspy | Question: 30
(Choose 1 answer)
(24945) The premium on a long term call option on the market index with an exercise price of 950 is $12.00 when originally purchased. After 6 months the position is closed, and the index spot price is 965. If interest rates are 0.5% per month, what is the Call Payoff?
A. $2.64
B. $12.00
C. $12.36
D. $15.00
