Use These Option Quotes to Answer This Question

question 73

Multiple Choice

Use these option quotes to answer this question:

-What price will you receive (per underlying share) if you sell the 47.50 call option on JL stock?

• A) $4.80
• B) $5.00
• C) $5.90
• D) $6.00
• E) $6.10

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Definitions:

T-Bill Rate

The T-Bill rate is the yield on U.S. Treasury bills, a benchmark for short-term interest rates in the United States.

Portfolio Beta

A measure of the overall volatility or risk of an investment portfolio in relation to the market as a whole.

Beta

A measure of a stock's volatility in relation to the overall market, indicating its risk compared to the market average.

Stock Portfolio

A collection of stocks held by an individual or institution, managed and adjusted in pursuit of certain financial goals.