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Business, 12.08.2020 14:01 JSTAX01

Steve owns an option that grants him the right to purchase shares of LK Tool stock at $45 a share. Currently, the stock is selling for $52.40 a share. Steve would like to realize his profits but is not permitted to exercise the option for another two weeks. Which one of the following does Steve own?A) Straight bondB) American callC) American putD) European callE) European put

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Steve owns an option that grants him the right to purchase shares of LK Tool stock at $45 a share. C...
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