Multiple Choice
You want the right, not the obligation, to buy 600 shares of a stock at a price of $34.50 a share. The 34.50 call option has a quoted price of $0.20 and the $34.50 put option is quoted at $1.50. How much will it cost you to acquire the right you want?
A) $1.20
B) $1.50
C) $120
D) $150
E) $180
Correct Answer:
Verified
Correct Answer:
Verified
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