Use the Table for the Question(s)below

question 42

Essay

Use the table for the question(s)below.
Consider the following information on options from the CBOE for Merck:
-You have decided to buy ten January 2009 call options on Merck with an exercise price of $45 per share.How much will this transaction cost and are these contracts in or out of the money?

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Definitions:

Benefits

Advantages or gains, often related to employment, insurance, or social welfare programs.

Costs

The expenses incurred in the production of goods or in the provision of services, measured in terms of money, time, or other resources.

Emergency Contraceptives

Medications or devices used to prevent pregnancy after unprotected sex or contraceptive failure.

Divorce Rates

The statistical measure of how often divorce occurs within a population, typically expressed per 1000 marriages.