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Underlying Stock Price: 45

Question 186

Multiple Choice

Underlying stock price: 45.80 Underlying stock price: 45.80   How much would you pay for the right to buy 100 shares of Glaxo stock for $47.50 on or before the 3<sup>rd</sup><sup> </sup>Friday in February? A)  $150 B)  $230 C)  $500 D)  $580 E)  $700 How much would you pay for the right to buy 100 shares of Glaxo stock for $47.50 on or before the 3rd Friday in February?


A) $150
B) $230
C) $500
D) $580
E) $700

Correct Answer:

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