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Solved by Expert Tutors
Question

The April 9, 2015, price quotation for a call option on LTD stock

with a strike price of $90 and due to expire in December is $30.80, while the LTD stock price is $79.80. The premium on one LTD December 90 call contract is _________.
Multiple Choice

-$8,900
-$9,000
-$3,080
-$2,980

Step-by-step answer

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Subject: Business, Finance

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