Underlying stock price: 25 You want to purchase one February call option contract on the stock. The contract with a $20 exercise price will cost you ________. (Ignore transactions costs.)
A) $100
B) $200
C) $500
D) $600
E) $700

Question

Underlying stock price: 25  You want to purchase one February call option contract on the stock. The contract with a $20 exercise price will cost you ________. (Ignore transactions costs.)
A) $100 
B) $200 
C) $500 
D) $600 
E) $700

Quizplus · Accepted Answer

The Answer of Underlying stock price: 25  You want to purchase one February call option contract on the stock. The contract with a $20 exercise price will cost you ________. (Ignore transactions costs.)
A) $100 
B) $200 
C) $500 
D) $600 
E) $700

Underlying Stock Price: 25 You Want to Purchase One