An investor who is long TCB stock for six months buys 1 call on TCB. If the call expires in eight months, and the investor sells the stock three months after the call expires, what does he realize on the stock

b, fewer problems later! good luck

c

explanation:

well obviously you must be dumb if you dont noe dat

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"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"