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Business, 07.04.2020 19:35 ousleyq1

Suppose you believe that Bennett Environmental's stock price is going to increase from its current level of $ 33.29 sometime during the next 7 months. For $ 309.19 you could buy a 7-month call option giving you the right to buy 100 shares at a price of $ 27 per share. If you bought a 100-share contract for $ 309.19 and Bennett's stock price actually changed to $ 32.19 , your net profit (or loss) after exercising the option would be ?

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