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Business, 09.12.2019 20:31 jermainedwards
Suppose you believe that johnson company's stock price is going to increase from its current level of $22.50 sometime during the next 5 months. for $310.25 you can buy a 5-month call option giving you the right to buy 100 shares at a price of $25 per share. if you buy this option for $310.25 and johnson's stock price actually rises to $45, what would your pre-tax net profit be? a.-$310.25b.$1,689.75c.$1,774.24d.$ 1,862.95e.$1,956.10
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