Katie Purchased 4 Call Options on Atlas Co

question 94

Multiple Choice

Katie purchased 4 call options on Atlas Co. stock with a strike price of $37.00. On the expiration date, the stock was priced at $36.95 a share. What is the total payoff on the option contracts?

• A) -$220
• B) -$55
• C) $0
• D) $2.20
• E) $55

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The drive to engage in activities for their inherent satisfaction and interest, rather than for some separable consequence.

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