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Underlying Stock Price: 45

Question 116

Multiple Choice

Underlying stock price: 45.80 Underlying stock price: 45.80 What option would you buy if you want to have the right to sell 100 shares of Glaxo stock on or before the 3<sup>rd</sup><sup> </sup>Friday in October for $45 per share? A) Oct 45 call B) Oct 47.50 call C) Oct 50 put D) Oct 45 put E) Nov 47.50 put What option would you buy if you want to have the right to sell 100 shares of Glaxo stock on or before the 3rd Friday in October for $45 per share?


A) Oct 45 call
B) Oct 47.50 call
C) Oct 50 put
D) Oct 45 put
E) Nov 47.50 put

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