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CTP · Question #72
CTP Question #72: Real Exam Question with Answer & Explanation
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Question
- (Topic 1) A call option for a company has an exercise price of $50. The stock is currently trading at $60. At maturity, what should an investor who paid $3 for the option do?
Options
- AExercise the option and gain $7.
- BExercise the option and gain $10.
- CNot exercise the option and lose $3.
- DNot exercise the option and lose $13.
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