Return on Stock Options. Maryanne paid $423 for a call option on a stock. The...
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Return on Stock Options. Maryanne paid $423 for a call option on a stock. The option gives her the right to buy the stock for $46,46 por share until March 1st. On February 15th, the stock price rises to $53.59 per share, and Maryanne exercises her option. What is Maryanne's roturn from this transaction? (Hint: Ignore transaction costs.) Maryanne's retum from this transaction is 0% (Round to the nearest percent.)
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