A 6-Month Call Has a Strike Price of $30

question 2

Multiple Choice

A 6-month call has a strike price of $30.The underlying stock is priced at $31.80 and the option premium on the call is $2.40.What is the per share time value of the call?

• A) $0.00
• B) $0.60
• C) $1.40
• D) $2.80
• E) $3.60

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Definitions:

Distribution of Annual Incomes

The spread of yearly earnings among different groups or individuals in a population.

Annual Incomes

The total amount of money earned by an individual or entity in one year.

Media Violence

Exposure to violent behavior or scenarios through various forms of media, often discussed in relation to its potential impact on behavior.

Aggression

Behavior intended to harm or intimidate others, whether physically or verbally.