Assume that a $50 strike call pays a 2.0% continuous dividend, r = 0.07, ? = 0.25, and the stock price is $48.00
What is the profit or loss, per share, for a short call position if the option expires in 60 days and the price rises to $50.00 after 5 days?
A) $0.84 gain
B) $0.84 loss
C) $0.95 gain
D) $0.95 loss
B
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The department within a firm that oversees procurement is likely which of the following?
a. Supply management b. Operations c. Distribution d. Marketing
A(n) __________ gives the person to whom it is granted the right to buy a certain number of shares at a fixed price for a fixed number of years during a period known as the __________ period which is not usually for more than __________
a. call right; exercise; twelve months b. option; redemption; twelve months c. option; redemption; ten years d. option; exercise; ten years
The most important step of negotiation is preparation.
Answer the following statement true (T) or false (F)
The largest operating expense for a bank is
A) salaries and employee benefits. B) interest paid on discount loans. C) interest paid on federal funds borrowed from other banks. D) interest paid on deposits.