Multiple Choice
The 47.50 put on a stock is trading at 1.32 bid and 1.37 ask. To buy one option contract, you must pay ________ at the time the contract is purchased.
A) $1.32
B) $132.00
C) $137.00
D) $4,613.00
E) $4,882.00
Correct Answer:
Verified
Correct Answer:
Verified
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