Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
QUESTION
On August 15, 2016, Splish Co. invested idle cash by purchasing a call option on Counting Crows Inc. common shares for $432.
On August 15, 2016, Splish Co. invested idle cash by purchasing a call option on Counting Crows Inc. common shares for $432. The notional value of the call option is 480 shares, and the option price is $48. The option expires on January 31, 2017. The following data are available with respect to the call option.
