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Use the Table for the Question(s) Below

Question 69

Multiple Choice

Use the table for the question(s) below.
Consider the following information on options from the CBOE for Rackspace.
Use the table for the question(s) below. Consider the following information on options from the CBOE for Rackspace. -Assume you want to buy five call option contracts that with an exercise price closest to being at-the-money and that expires December 2010. The current price that you would have to pay for such a contract is ________. A) $550 B) $110 C) $475 D) $300
-Assume you want to buy five call option contracts that with an exercise price closest to being at-the-money and that expires December 2010. The current price that you would have to pay for such a contract is ________.


A) $550
B) $110
C) $475
D) $300

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