In December 2007 a Call Option on Google Stock with a June

question 99

Essay

In December 2007 a call option on Google stock with a June 2008 expiration and an exercise price of $720 sold for $80.50.If you bought this call,and find that Google share is sold for $840 in June,what would be the proceeds and return from exercising the call?

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Definitions:

Childbearing Years

The period in an individual's life, typically between puberty and menopause, when they are biologically capable of conceiving and bearing children.

Family Life Cycle

A series of stages through which a family progresses over time, including single adulthood, marriage, parenthood, and retirement.

Income

The financial gain or money received by an individual or household, coming from various sources like employment, investments, or business ventures, used for consumption and savings.

Boomerang Kid

describes a young adult who returns to live with their parents after a period of independence, often due to economic or personal reasons.