Use These Option Quotes to Answer This Question

question 61

Multiple Choice

Use these option quotes to answer this question:

-You want the right,but not the obligation,to sell 400 shares of ZZ Industries stock at a price of $32.50 a share.How much will it cost you to establish this option position?

• A) $3.50
• B) $4.00
• C) $3.60
• D) $3.78
• E) $3.82

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Definitions:

Automobile Models

Variants of a brand's vehicle that are offered to meet the diverse preferences and needs of consumers, often differing in features, size, and price.

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Individuals who officially run for the office of President in a country, participating in elections.

Public Choice Theory

An economic theory that studies how public decisions are made, emphasizing the roles of incentives, behavior, and institutions.

Self-Interest

The motivation driving individuals to pursue their own objectives and benefits, often guiding economic behavior and decision-making.