Multiple Choice
June call and put options on King Books Inc. are available with exercise prices of $30, $35, and $40. Among the different exercise prices, the call option with the ________ exercise price and the put option with the ________ exercise price will have the greatest value.
A) $40; $30
B) $30; $40
C) $35; $35
D) $40; $40
Correct Answer:
Verified
Correct Answer:
Verified
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