Multiple Choice
Suppose you purchase a call option for $4 and a strike price of $30.On the expiration day,the price of the stock is $40.What is the return on the call option if you hold your position until maturity?
A) 125%
B) 130%
C) 150%
D) 170%
E) 250%
Correct Answer:

Verified
Correct Answer:
Verified
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