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The Following Price Quotations on WFM Were Taken from the Wall

Question 33

Multiple Choice

The following price quotations on WFM were taken from the Wall Street Journal.  Strike  Stock Price  Price  February 927/88587/8927/89041/8927/89515/8\begin{array} { c c c } & \text { Strike } & \\\text { Stock Price } & \text { Price } & \text { February } \\927 / 8 & 85 & 87 / 8 \\927 / 8 & 90 & 41 / 8 \\927 / 8 & 95 & 15 / 8 \\\hline\end{array} The premium on one WFM February 85 call contract is


A) $8.875.
B) $887.50.
C) $412.50.
D) $158.00.

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