What is your rate of return if the stock sells for share

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Using options Quotations (LO4, CFA4) in problem 14, suppose JC penney stock sells for $25 per share immediately before your options “expiration. What is the return on your investment? What is your rate of return if the stock sells for 29$ per share ( think about it )?

Assume you’re holding period for this investment is exactly three months

Reference no: EM131014193

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