单选题
单选题
The graph shows that the:
【正确答案】
C
【答案解析】The graph shows that the value of the call is unlimited, in principle.
单选题
If the stock price were $500, at expiration, the call would be worth :
【正确答案】
C
【答案解析】If the stock price were $500, at expiration, the call would be worth $400 as follows :
Stock price - exercise price = intrinsic value $500 - $100 = $400.
Stock price - exercise price = intrinsic value $500 - $100 = $400.