Several months ago you purchased a call option on a crude, Ask an Expert

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Several months ago you purchased a call option on a crude oil futures contract with an exercise price of $6,200.00. Today is the expiration date, and the futures price is $6,320.00.

a. Will you exercise the option? Yes/No

b. What will be your profit? (Enter “0” if there is no profit or return from not exercising the option. Round your answer to 2 decimal places.).

Profit $

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92726361

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