ple Choices
(Choose 1 answer)
(27582)The premium on a call option on the market index with an exercise price of 1050 is $9.30 when originally purchased. After 2 months the position is closed, and the index spot price is 1072. If interest rates are 0.5% per month, what is the Call Profit?
A. $9.30
B. $9.39
C. $12.61
D. $22.00