Stock in Cheezy-Poofs Manufacturing is currently priced at $90 per share. A call option with a $90 strike and 90 days to maturity is quoted at $3.60. Compare the percentage gains and losses from a $32,400 investment in the stock versus the option in 90 days for Stock prices of $80, $90, and $100. Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Leave no cells blank- be certain to enter "O" and select "None" wherever required. Input all amounts as positive values. Options % gain or loss $ 80 Loss $ 90 Loss $ 100 Gain Stock % gain or loss Loss None Gain
Stock in Cheezy-Poofs Manufacturing is currently priced at $90 per share. A call option with a $90 strike and 90 days to maturity is quoted at $3.60. Compare the percentage gains and losses from a $32,400 investment in the stock versus the option in 90 days for Stock prices of $80, $90, and $100. Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Leave no cells blank- be certain to enter "O" and select "None" wherever required. Input all amounts as positive values. Options % gain or loss $ 80 Loss $ 90 Loss $ 100 Gain Stock % gain or loss Loss None Gain
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
Section: Chapter Questions
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Transcribed Image Text:Stock in Cheezy-Poofs Manufacturing is currently priced at $90 per share. A call option with a $90 strike and 90 days to maturity is
quoted at $3.60. Compare the percentage gains and losses from a $32,400 investment in the stock versus the option in 90 days for
stock prices of $80, $90, and $100.
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Leave no cells blank -
be certain to enter "O" and select "None" wherever required. Input all amounts as positive values.
Options % gain or loss
$
80
Loss
$ 90
Loss
$ 100
Gain
Stock % gain or loss
Loss
None
Gain
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