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  3. 8. w (the writer) grants an option to h (the holde

8. W (the writer) grants an option to H (the holder) under which H may...

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Accounting

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8. W (the writer) grants an option to H (the holder) under which H may purchase 15 shares of stock of X Corp. from W for $ 20 per share at any time within six months after the option in written. Explain what would happen in each of the following situations. c) X Corp. trades at $ 25 per share d) X Corp. trades at $ 15 per share 9. Susan purchased a share of common stock of Banana Corporation for $80 on October 15, 2018. Susan sold the 1 share for $60 on October 30, 2018. On November 20, 2018, Susan purchased a share of Banana Corporation stock for $100. a) How much of the loss on the sale on October 30, 2018 is recognized? b) What is the basis of the stock purchased on November 20, 2018

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