a. $4 gain

b. $6 loss

c. $2 loss

d. $1 gain

e. $0

b. $6 loss

c. $2 loss

d. $1 gain

e. $0

Answer:

d.$1 gain

Explanation:

Calculation for what is the gain or loss per share to the pension fund

Gain per share = Stock Purchased- Exercise price + Premium per share

Let plug in the formula

Gain per share = $53-$50 + $4

Gain per share=$53-$54

Gain per share= $1

Therefore the gain or loss per share to the pension fund will be $1 gain

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