What is the impact of these changes on a call on packers


Packers announces a major expansion into automobiles. This announcement causes the price of Packers stock to increase, but also causes an increase in price volatility (variance) of the stock. What is the impact of these changes on a call on Packers? Explain. Assume you own (are long) the call.

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Financial Management: What is the impact of these changes on a call on packers
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