Multiple Choice
When one buys a cash instrument, for example 100 shares of ABC Inc., the payoff is linear (disregarding the impact of dividends) . If share are purchased at $50 and the price appreciated to $75, we have ________ on a mark-to-mark basis.
A) Made $2500
B) Lost $2500
C) None of these
Correct Answer:
Verified
Correct Answer:
Verified
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