A Call Option Has an Exercise Price of $60

question 34

Multiple Choice

A call option has an exercise price of $60.When the option expires,the price of the stock is exactly $60.What is the value of your call option?

• A) $1
• B) −$1
• C) Zero
• D) $60

---

Definitions:

Montana Rancher

An individual who owns or manages a ranch in Montana, involved in the raising of livestock, such as cattle or sheep.

Green Spaces

Areas of natural land, such as parks and gardens, within urban environments, which have positive effects on physical and mental health.

Lower Levels of Stress

A state of reduced psychological or emotional tension and strain.

Self-reported Health

An individual's assessment of their own health status, typically obtained through survey or questionnaire.