Essay
Use the table for the question(s)below.
Consider the following information on options from the CBOE for Merck: 
-You have decided to buy ten January 2009 call options on Merck with an exercise price of $45 per share.How much will this transaction cost and are these contracts in or out of the money?
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If you buy 10 call option contracts you ...View Answer
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Correct Answer:
Verified
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