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Question
Ahmad bought call options on Home Depot with a striking price of $34. The option premium was $3.50. Just before the contract expired, Home Depot stock was $36 per share. Ahmad:A) made a profit of $2.00 per share.
B) lost $3.50 per share because the option would not be exercised.
C) made a profit of $3.50 per share.
D) lost $1.50 per share.
Answer
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Related questions
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A) The net present value.
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C) The profitability index.
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The equivalent annual cost method is most appropriate in which of the following situations? In each case, assume that several mutually exclusive options are available.
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B) Adding another store to a chain of retail stores
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Q:
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