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Use These Option Quotes to Answer This Question

Question 12

Multiple Choice

Use these option quotes to answer this question:
Use these option quotes to answer this question: -You would like to have the right to purchase 200 shares of ZZ Industries stock at a price of $32.50 a share.How much will it cost you to buy options to meet this objective? A) $103.11 B) $12.90 C) $374.00 D) $430.00 E) $561.00
-You would like to have the right to purchase 200 shares of ZZ Industries stock at a price of $32.50 a share.How much will it cost you to buy options to meet this objective?


A) $103.11
B) $12.90
C) $374.00
D) $430.00
E) $561.00

Correct Answer:

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