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18 August, 22:50

You pay $3.25 for a call option on Luther Industries that expires in 3 months with a strike price of 39.00. Three months later at expiration Luther Industries is trading at $41.00 per share. If we igore the time value of money, your profit per share on this transaction is closest to:

a) - $2.00

b) $2.00

c) - $1.25

d) $1.25

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  1. 18 August, 23:00
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