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Business, 08.04.2020 05:00 dan7478

Rankin Corp. common stock is priced at $74.20 per share. The company just paid its $1.10 quarterly dividend. Interest rates are 6.0%. A $70.00 strike European call, maturing in 6 months, sells for $6.50. How much arbitrage profit/loss is made by shorting the European call, which is priced at $2.50?

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Rankin Corp. common stock is priced at $74.20 per share. The company just paid its $1.10 quarterly d...
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