If a General Electric January 20 Call Option with a Strike

question 33

Multiple Choice

If a General Electric January 20 call option with a strike price of $45 were about to expire and the market price of the underlying GE stock was $51.17, the price of the call option would have to be __________ to eliminate arbitrage opportunities.

• A) $11.17
• B) $33.83
• C) $45.00
• D) $51.17

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