On March 30 You Are Holding a Call Option with an Exercise

question 106

Multiple Choice

On March 30 you are holding a call option with an exercise price of $60 that will expire on March 31. The closing price of the stock on March 30 is $59. What is the value of your call option?

• A) $1
• B) -$1
• C) Minimal value
• D)Zero

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Definitions:

Married Filing Jointly

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Marginal Tax Rate

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The amount of income used to determine how much tax an individual or a company owes to the government in a given tax year.

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