QUESTION 3 What is the value of five August $25 call contracts on Dove stock? Dove (DUV) Underlying stock price: 31.12 Expiration Strike Call Put Aug 25 6.90 10 Nov 25 7.10 15 Aug 35 20 4.10 Nov 35 85 4.75 OA S68 OB S690 OC $3.450 OD. $340 OE $34

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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QUESTION 3
What is the value of five August $25 call contracts on Dove stock?
Dove (DUV)
Underlying stock price: 31.12
Expiration
Strike
Call
Put
Aug
25
6.90
.10
Nov
25
7.10
15
Aug
35
20
4.10
Nov
35
85
4.75
OA S68
OB S690
OC S3.450
OD. $340
OE $34
Transcribed Image Text:QUESTION 3 What is the value of five August $25 call contracts on Dove stock? Dove (DUV) Underlying stock price: 31.12 Expiration Strike Call Put Aug 25 6.90 .10 Nov 25 7.10 15 Aug 35 20 4.10 Nov 35 85 4.75 OA S68 OB S690 OC S3.450 OD. $340 OE $34
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