The 50-Strike Call on a Stock Is Trading at $13

question 16

Multiple Choice

The 50-strike call on a stock is trading at $13 and a 60-strike call on the same stock with the same maturity is trading at $4.The minimum price of the 100-strike call is

• A)$0
• B)$1
• C)$2
• D)$3

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Definitions:

Pyridoxine

Another name for Vitamin B6, a water-soluble vitamin important for normal brain development and for keeping the nervous and immune systems healthy.

Egg Yolks

The yellow, nutrient-rich part of an egg that contains fats, proteins, vitamins, and minerals, serving as a primary food source for the developing embryo.

Fortified Breads

Breads that have been enriched with additional vitamins and minerals, beyond what they naturally contain.