Business, 09.12.2021 16:20, OwONuzzlez

You purchased a call option with a striking price of $40 at a price of $3.50. At expiration, the stock price has risen to $45. What is your return on investment? a. 3.75% b. 30.0% c. 12.5% d. 42.9%

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You purchased a call option with a striking price of $40 at a price of $3.50. At expiration, the sto...