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Question 11
2 out of 2 points
Which of the following statements is CORRECT?
Question 12
Warner Motors’ stock is trading at $20 a share. Call options that
expire in three months with a strike price of $20 sell for $1.50. Which
of the following will occur if the stock price increases 10%, to $22 a
share?
Question 13
2 out of 2 points