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Author Question: Jerry purchased a call option 3 months ago for $300 ($3 per share). It gives Jerry the right to buy ... (Read 146 times)

s.tung

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on: Apr 25, 2021
Jerry purchased a call option 3 months ago for $300 ($3 per share). It gives Jerry the right to buy 100 shares in Morley Tobacco for $20 per share. The call option expires today. What is the lowest price that Jerry should exercise at and what is that lowest price at which Jerry would realize a profit?
◦ $17, $20
◦ $20, $17
◦ $20, $23
◦ $23, $20
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by s.tung on Apr 25, 2021

tkempin

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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s.tung

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Reply 2 on: Apr 25, 2021
Excellent

ultraflyy23

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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