Forward Commitment and Contingent Claim Features and Instruments sample question
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CFA Level I sample question
CFA Level I Forward Commitment and Contingent Claim Features and Instruments question
Derivatives / Forward Commitment and Contingent Claim Features and Instruments
Derivatives
Forward Commitment and Contingent Claim Features and Instruments
A trader writes a call option with an exercise price of USD 45 and receives a premium of USD 3.00 per share. At expiration, the underlying stock trades at USD 51. The writer's profit per share is closest to:
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