Fa (a) and (b) Consider an Apri 2021 maturity call option on a share of Appie with an exorcise price of E50 per share selling on 3 January 2021. at expiration Apple stock solls for £55, then the...

D3

Extracted text: Fa (a) and (b) Consider an Apri 2021 maturity call option on a share of Appie with an exorcise price of E50 per share selling on 3 January 2021. at expiration Apple stock solls for £55, then the option holder could acquire the Apple share at (a) and can sell it atE b to gain proft () 55 (b) 50 O(a) 50, b) 50 O ) 50. b) 55 6a55.b) 55