Options
- A
0.20
- B
0.40
- C
-0.20
-
0
Correct answer
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XIII NISM Series XIII
Medium
#NISM
What is the net payoff in rupees for Ms. Smita, who purchased a Rs 21.50 strike call option for Rs 0.20, if the underlying bond price closes at Rs 21.70 on the expiry date?
Practice question from NISM Series XIII for SIF - Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.