What Is the Call Option Premium Given the Following Information

question 47

Multiple Choice

What is the call option premium given the following information?

• A) $7.16
• B) $7.78
• C) $8.58
• D) $9.03
• E) $9.49

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Definitions:

Backup Close

A sales technique used as an alternative closing strategy if the primary sales pitch fails to persuade the customer.

Sales Negotiations

The process of discussing terms and conditions between a buyer and seller with the goal of reaching a mutually agreeable deal.

Real Objections

Actual concerns or questions raised by a customer that stand in the way of completing a sale.

Vague Idea

An unclear, imprecise, or poorly defined thought or concept, often needing further clarification.