Business, 24.09.2020 22:01, javier1026

Michael Jordan purchases (long) 10 shares of XYZ stock for 23.00 per share. Six months from now he will sell all 10 shares. The continuously compounded risk free rate is 5%. A. What is the breakeven stock price at the end of six months?
B. What is his profit if the stock price at the end of six months is 23.80 per share?

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Michael Jordan purchases (long) 10 shares of XYZ stock for 23.00 per share. Six months from now he w...