Assignment:
Q1. What is an option? A call option? A put option?
Q2. Define a call option’s exercise value. Why is the actual market price of a call option usually above its exercise value?
Q3. What are some factors that affect a call option’s value?
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.