Depoul financial company purchased a call option on thr sp


Depoul financial company purchased a call option on thr S&P 500 index expiring in one year permuim is quoted at 20. the exercise price of the option is 1300 and the current price of the assume the index declines by 5% in the first quarter , then increase by 3 % in each of the follwing , what is the net gain or loss of this transaction ? hint: multiply index by 250$ to find the contract).

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Financial Management: Depoul financial company purchased a call option on thr sp
Reference No:- TGS02840902

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