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

question 18

Multiple Choice

A 6-month call has a strike price of $30. The underlying stock is priced at $32.80 and the option premium on the call is $3.40. 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:

Infrahumanization

The tendency to view and treat outgroup members as less human or possessing fewer human qualities compared to ingroup members.

Willingness to Help

A predisposition or readiness of individuals to assist others in need, often considering factors like empathy and moral principles.

Outgroup

A group to which an individual does not belong, often used in contrast with the "ingroup," or the group to which a person perceives they belong.

Illusory Correlation

A tendency to assume an association between two rare occurrences, such as being in a minority group and performing negative actions.