What Is the Cost of Five November 25 Call Option

question 81

Multiple Choice

What is the cost of five November 25 call option contracts on KNF given the following price quotes?
KNJ (KNJ) Underlying share price: 30.86
$\begin{array}{|l|l|l|l|}\hline && Call & Put \\\hline Expiration&Strike&Last&Last\\\hline \text { Aug } & 25 & 6.15 & .05\\\hline \text { Nov } & 25 & 6.60 & .10 \\\hline \text { Aug } & 35 & .10 & 4.60 \\\hline \text { Nov } & 35 & .70 & 5.10\\\hline\end{array}$

• A)€615
• B)€660
• C)€2,500
• D)€3,075
• E)€3,300

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Definitions:

Prefrontal Cortex

The anterior part of the frontal lobes of the brain, involved in complex cognitive behavior, decision making, and moderating social behavior.

Myelination

The process by which axons are coated with a fatty sheath called myelin, increasing the speed at which electrical impulses are conducted.

Delay Gratification

The ability to resist the temptation for an immediate reward and wait for a later reward.

Agreeableness

A personality trait characterized by qualities such as being kind, sympathetic, cooperative, warm, and considerate towards others.