A Stock Is Currently Selling for $70 Per Share and Its

question 64

Multiple Choice

A stock is currently selling for $70 per share and its call option has a $90 exercise price.What is the lower limit on the value of the call option?

• A) - $20
• B) 0
• C) $10
• D) $20

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Definitions:

UPS

Uninterruptible Power Supply, a device that provides emergency power to a load when the input power source fails.

Wake-on-LAN

A networking standard that allows a computer to be turned on or awakened from sleep mode by a network message.

PXE

Preboot eXecution Environment, a technology that allows computers to boot up using software received through a network, without the need for storage devices.

NFC

Near Field Communication (NFC) is a short-range wireless connectivity technology allowing for secure communication between devices over a distance of a few centimeters.