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Business, 19.08.2021 01:00 hailie2002

Grant purchased one call on XYZ stock at an exercise price of $25. The market price of XYZ stock when Grant purchased the call was $24 a share. XYZ is currently priced at $30 a share. Grant paid $120 to buy the call. How much profit will Grant make if he exercises the option today and then sells the shares

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Grant purchased one call on XYZ stock at an exercise price of $25. The market price of XYZ stock whe...
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