What is the investors profit or loss assuming 3-month


The spot price of the market index is $900 when an investor goes long call option on the index at a strike price of $930 and premium of $6.00. After 3 months the market index is priced at $920. What is the investor's profit or loss assuming 3-month effective interest rate of 1%?

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Financial Management: What is the investors profit or loss assuming 3-month
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