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Question
IBM was trading at $100 when Mrs. Peterson bought a 100 call on IBM at a price of $10. Three months later, IBM common stock was trading at $130, and the call option was trading at $33. The leverage factor for this situation would be:A. 11x.
B. 3.3x.
C. 7.66x.
D. 25.38x.
Answer
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Related questions
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