Which security should sell at a greater price?
A 3-month maturity call option with an exercise price of $40 versus a 3-month call on the same stock with an exercise price of $35.
Solution: The call with the lower exercise price.
如果在35和40里面选,毫无疑问的选买35的..
但是题目问哪个能以更高价出手?
我不明白题目和答案的联系在哪里..
请教各位...