What Is the Call Option Premium Given the Following Information

question 25

Multiple Choice

What is the call option premium given the following information?

• A) $7.16
• B) $7.78
• C) $8.58
• D) $9.03
• E) $9.49

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Definitions:

Deductible

In insurance, it is the amount that must be paid out of pocket by the policyholder before an insurance provider will cover any expenses.

Copayment

A fixed amount paid by a patient for a covered healthcare service, with the remaining balance covered by their insurance.

Medical Insurance

This insurance provides coverage for the health care and surgical expenses of the person insured.

Emergency Room

A specialized department in a hospital that provides immediate treatment for acute illnesses and trauma.