Multiple Choice
A call option has a strike price of $48. If the underlying stock is selling for $45 on the expiration date, the intrinsic value of the call option is __________ per share.
A) $93
B) $45
C) $3
D) $0
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q8: The most popular floating rate in swaps
Q9: The fixed-rate payer in a swap contract
Q10: Speculators absorb additional risk in futures markets
Q11: A speculator who feels strongly that short
Q12: Swaps are _ agreements involving the exchange
Q14: In the options market, the right to
Q15: To the options buyer, the premium paid
Q16: A drop in six-month LIBOR is good
Q17: A call option has a strike price
Q18: Which of the following futures contracts is