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You Want the Right,but Not the Obligation,to Sell 600 Shares

Question 58

Multiple Choice

You want the right,but not the obligation,to sell 600 shares of ZZ Industries stock at a price of $35 a share.How much will it cost you to establish this option position?


A) $422
B) $408
C) $360
D) $378
E) $382

Correct Answer:

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