Multiple Choice
You purchased two call option contracts with a strike price of $22.50 and a premium of $2.80. At expiration, the stock was selling for $28.10 a share. What is the total amount it cost you to acquire your shares?
A) $5,620
B) $5,060
C) $4,980
D) $3,860
E) $4,400
Correct Answer:
Verified
Correct Answer:
Verified
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