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The Following Price Quotations Were Taken from the Wall Street

Question 87

Multiple Choice

The following price quotations were taken from the Wall Street Journal.  Strike  Stock Price  Price  February 917/88573/8917/89031/8917/8955/8\begin{array} { c c c } & \text { Strike } & \\\text { Stock Price } & \text { Price } & \text { February } \\917 / 8 & 85 & 73 / 8 \\917 / 8 & 90 & 31 / 8 \\917 / 8 & 95 & 5 / 8 \\\hline\end{array} The premium on one February 90 call contract is


A) $3.1250.
B) $318.00.
C) $312.50.
D) $58.00.

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