Multiple Choice
Suppose you purchase a call option on Asset XYZ that has an exercise price of $50. The option price is $3 per share. Suppose that on the expiration date, the current price is $49. What is your net profit or loss per share?
A) -$4.00
B) -$3.00
C) -$2.00
D) $0.00
Correct Answer:
Verified
Correct Answer:
Verified
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