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Use These Option Quotes to Answer This Question

Question 23

Multiple Choice

Use these option quotes to answer this question:
Use these option quotes to answer this question:    -The price you will pay (per underlying share) to buy the 50 call option on JL stock is: A)  $4.75. B)  $4.80. C)  $5.00. D)  $5.90. E)  $6.00.
-The price you will pay (per underlying share) to buy the 50 call option on JL stock is:


A) $4.75.
B) $4.80.
C) $5.00.
D) $5.90.
E) $6.00.

Correct Answer:

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