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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 408 Weeks Ago, 4 Days Ago |
| Questions Answered: | 66690 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Return on Stock Options. Maryanne paid $300 for a call option on a stock. The option gives her the right to buy the stock for $27 per share until March 1st. On February 15th, the stock price rises to
$32 per share, and Maryanne exercises her option. What is Maryanne’s return from this transaction?
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