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

question 99

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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?


Definitions:

Rockwell Automatic Slack Adjusters

Automatic adjusters designed to maintain the correct distance between the brake drum and brake lining.

Stroke-Sensing Adjustment

A technology in hydraulic systems that allows for the automatic calibration or adjustment of the stroke length based on detected changes or requirements.

Gunnite Slack Adjusters

A type of slack adjuster used in air brake systems of commercial vehicles, employing a slack adjustment mechanism to maintain brake efficiency.

Clearance-Sensing Adjustment

A method or mechanism used to automatically adjust the clearances between components, ensuring optimal performance and preventing wear.

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