Multiple Choice
Calls on the King Co. closed trading at 2 5/8. You bought 3 call contracts at the close. The cost of 3 call options were:
A) $2.6255 plus brokerage fees, etc.
B) $7.875 plus brokerage fees, etc.
C) $262.50 plus brokerage fees, etc.
D) $787.50 plus brokerage fees, etc.
Correct Answer:
Verified
Correct Answer:
Verified
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