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Based on your analysis, you estimate Wavemobile's stock price is going to increase from its current...

Based on your analysis, you estimate Wavemobile's stock price is going to increase from its current level of $18 sometime during the next three months. You can buy a 3-month call option giving you the right to buy 1 share at a price of $32 per share. If Wavemobile's stock price increases to $59, what would the exercise value be?

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Expert Solution

what would the exercise value be

=stock price-strike value

=59-32

=27

the above will be answer

jeff jeffy answered 2 years ago
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