A 6-Month Call Option on Meyers Inc

question 2

Multiple Choice

A 6-month call option on Meyers Inc.'s stock has a strike price of $45 and sells in the market for $8.25.Meyers' current stock price is $48.What is the option premium?

• A)$4.25
• B)$4.73
• C)$5.25
• D)$5.78
• E)$6.35

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Definitions:

Highly Consistent

Describing something that consistently follows a particular pattern, behavior, or outcome without significant variation.

Situational Factor

An external influence that affects an individual's behavior or decision-making process in a given context.

Noisy Environment

A setting or situation characterized by high levels of background sound that can interfere with communication or concentration.

Personality Trait

A characteristic, stable in an individual's personality that dictates how they consistently behave, perceive, and emotionally respond.