Multiple Choice

-Which of the following is NOT true for "Quote A" I) Shares of CP can only be bought in February 2012
II) The owner of these options has the right to buy shares for $60 each
III) The seller of these options is obliged to sell shares for $60 if the options are exercised
IV) The owner of these options paid $1,300 for one contract.
A) I) only
B) I) and III)
C) I) , II) and III)
D) III) and IV)
E) IV) only
Correct Answer:
Verified
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