ple Choices
(Choose 1 answer)
(24962) Consider a stock priced at $30. There are call options available at exercise prices of 30 and a time to expiration of six months. The calls are priced at $2.89. There are no dividends and assume that all transactions consist of 100 shares or one contract (each includes 100 options).
What is your profit if you buy a call, hold it to expiration and the stock price at expiration is $37?
A. $700
B. -$289
C. $2,711
D. $411
E. none of these
Q:
26
