On January 2, 2020, Nash Company purchases a call option for $290 on Merchant common stock. The call option gives Nash the optio

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3 years ago

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On January 2, 2020, Nash Company purchases a call option for $290 on Merchant common stock. The call option gives Nash the optio

n to buy 1,050 shares of Merchant at a strike price of $51 per share. The market price of a Merchant share is $51 on January 2, 2020 (the intrinsic value is therefore $0). On March 31, 2020, the market price for Merchant stock is $54 per share, and the time value of the option is $210.

Chemistry

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notka56 [123] · Answer 1 · 2022-02-13T12:20:06+03:00

notka56 [123]3 years ago

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