ABC stock is currently priced at $31.42 a share. The three-month calls have a strike price of $30.00 and a market price of $2. If Mary purchases the call today and then exercises the option next week, how much will she have spent for each share of stock she purchased?
A) $30.00
B) $30.02
C) $31.42
D) $31.44
E) $32.00
Correct Answer:
Verified
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