Return on Stock Options. Maryanne paid $354 for a call option on a stock. The...
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Return on Stock Options. Maryanne paid $ for a call option on a stock. The option gives her the right to buy the stock for $ per share until March st On February th the stock price rises to $ per share, and Maryanne exercises her option. What is Maryanne's return from this transaction? Hint Ignore transaction costs.
Maryanne's return from this transaction is Round to the nearest percent.
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