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You Want the Right,but Not the Obligation,to Sell 300 Shares

Question 17

Multiple Choice

You want the right,but not the obligation,to sell 300 shares of ZZ Industries stock at a price of $30.00 a share.How much will it cost you to establish this option position?


A) $3.00
B) $3.20
C) $3.60
D) $3.78
E) $3.82

Correct Answer:

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