单项选择题

An investor buys a call option with a $25 exercise price priced at $4 and writes a call option with a $40 exercise price priced at $2.50. If the Price of the stock increases to $50 at expiration and the options are exercised on the expiration date, the net profit at expiration (ignoring transaction costs) is:

A．<TABLE border=0 cellSpacing=0 cellPadding=0 width="90%"><TBODY><TR><TD vAlign=top>A. $8.50. </TD></TR></TBODY></TABLE>
B．<TABLE border=0 cellSpacing=0 cellPadding=0 width="90%"><TBODY><TR><TD vAlign=top>B. $13.50. </TD></TR></TBODY></TABLE>
C．<TABLE border=0 cellSpacing=0 cellPadding=0 width="90%"><TBODY><TR><TD vAlign=top>C. $16.50.</TD></TR></TBODY></TABLE>
<上一题 目录 下一题>
热门 试题

单项选择题
Consider a put option on Deter, Inc. , with an exercise price of $45. The current stock price of Deter is $52. What is the intrinsic value of the put option, and is the put option in-the-money, at-the-money, or out-of-the-money
A．<TABLE border=0 cellSpacing=0 cellPadding=0 width="90%"><TBODY><TR><TD vAlign=top>A. $0, Out-of-the-money. </TD></TR></TBODY></TABLE>
B．<TABLE border=0 cellSpacing=0 cellPadding=0 width="90%"><TBODY><TR><TD vAlign=top>B. $7, At-the-money. </TD></TR></TBODY></TABLE>
C．<TABLE border=0 cellSpacing=0 cellPadding=0 width="90%"><TBODY><TR><TD vAlign=top>C. $7, Out-of-the-money.</TD></TR></TBODY></TABLE>
单项选择题
A private agreement between two parties to exchange a series of future cash flows, with at least one of the two series of cash flows determined by a later outcome, is best characterized as a (n) :
A．<TABLE border=0 cellSpacing=0 cellPadding=0 width="90%"><TBODY><TR><TD vAlign=top>A. swap. </TD></TR></TBODY></TABLE>
B．<TABLE border=0 cellSpacing=0 cellPadding=0 width="90%"><TBODY><TR><TD vAlign=top>B. futures contract. </TD></TR></TBODY></TABLE>
C．<TABLE border=0 cellSpacing=0 cellPadding=0 width="90%"><TBODY><TR><TD vAlign=top>C. over-the-counter contingent claim.</TD></TR></TBODY></TABLE>
相关试题