Use These Option Quotes to Answer This Question

question 12

Multiple Choice

Use these option quotes to answer this question:

-You would like to have the right to purchase 200 shares of ZZ Industries stock at a price of $32.50 a share.How much will it cost you to buy options to meet this objective?

• A) $103.11
• B) $12.90
• C) $374.00
• D) $430.00
• E) $561.00

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Definitions:

Transportation of Dangerous Goods Act

Legislation that regulates the handling, transporting, and storage of hazardous materials to ensure public safety.

Hazardous Products Regulations

Regulations that govern the handling, labeling, and disposal of products classified as dangerous or hazardous to health and safety.

GHS

The Globally Harmonized System of Classification and Labelling of Chemicals, a standardized approach to identifying and communicating chemical hazards.

Classification

The systematic arrangement of items, people, or information into categories based on shared characteristics or criteria.