Multiple Choice
Exhibit 13-10
USE THE FOLLOWING INFORMATION TO ANSWER THE NEXT QUESTION(S)
GE Corporation has a put option selling for $2.90 and a call option selling for $1.95, both with a strike price of $29.00.
-Refer to Exhibit 13-10. What would the net value of a covered call position be if the stock price at expiration is $35?
A) $29.00
B) $30.65
C) $33.55
D) $36.00
E) $36.65
Correct Answer:

Verified
Correct Answer:
Verified
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