Multiple Choice
Suppose you purchase a call option on Asset XYZ that has an exercise price of $100. The option price is $3 per share. Suppose that on the expiration date, you exercise your option at the current price of $106. What is your net profit or loss per share?
A) -$3.00
B) $0.00
C) $3.00
D) $6.00
Correct Answer:
Verified
Correct Answer:
Verified
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