There are call options on the common stock of XYZ Corporation. Which of the following best describes the factors affecting the value of these call options?
A) The price of the call options is likely to rise if XYZ's stock price rises.
B) The higher the strike price on the call option, the higher the call option price.
C) Assuming the same strike price, a call option which expires in one month will sell for a higher price than a call option which expires in three months.
D) All of the answers above are correct.
E) None of the answers above is correct.

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The Answer of There are call options on the common stock of XYZ Corporation. Which of the following best describes the factors affecting the value of these call options?
A) The price of the call options is likely to rise if XYZ's stock price rises.
B) The higher the strike price on the call option, the higher the call option price.
C) Assuming the same strike price, a call option which expires in one month will sell for a higher price than a call option which expires in three months.
D) All of the answers above are correct.
E) None of the answers above is correct.

There Are Call Options on the Common Stock of XYZ