Suppose That a Share of Callidus Corp Sells at a Price

question 3

Multiple Choice

Suppose that a share of Callidus Corp sells at a price of $45 on the expiration date. Compute the payoff to the seller of a call option if the exercise price is $40.

• A)-$5
• B)-$40
• C)-$45
• D)$0

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Definitions:

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The share of a market dominated by a specific company or product.

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