Underlying Stock Price: 45

question 248

Multiple Choice

Underlying stock price: 45.80 You want to purchase one October 45 call contract on Glaxo stock. The option contract will cost you _______________. (Ignore transactions costs.)

• A) $30.00
• B) $100.00
• C) $280.00
• D) $430.00
• E) $900.00

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Definitions:

OSHA

The Occupational Safety and Health Administration, a U.S. government agency responsible for ensuring safe and healthy working conditions by setting and enforcing standards.

Recordkeeping

The process of maintaining records or documents that track an organization's or individual's activities, transactions, and commitments.

Work-Related Injuries

Work-related injuries are injuries or illnesses that occur in the course of employment, often leading to absence from work and the need for medical care.

Low-Hazard Industries

Sectors or types of businesses that are associated with relatively lower risks to the safety and health of employees.