Six months ago, you sold 1 contract of European calls at exercise price of $25.14...

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Finance

  1. Six months ago, you sold 1 contract of European calls at exercise price of $25.14 at a premium of $1.57. Today is the day of expiration and you have calculated your profit to be $35. What must the stock price have been at expiration?
    1. $26.36
    2. $25.49
    3. $24.79
    4. $27.06

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