23-105 How many options should the FI purchase,and what will be the cost?
A) 1,600 contracts for $16.96.
B) 1,600 contracts for $1,060,000.
C) 3,200 contracts for $44.80.
D) 3,200 contracts for $1,400,000.
E) 3,200 contracts for $2,800,000.
Correct Answer:
Verified
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