TABLE 8.1 Use the Below Mentioned Table to Answer Following Question(s)

question 23

Multiple Choice

TABLE 8.1
Use the below mentioned table to answer following question(s) .
April 19, 2009, British Pound Option Prices (cents per pound, 62,500 pound contracts) .
-Refer to Table 8.1. The May call option on pounds with a strike price of 1440 means ________.

• A)$88/£ per contract.
• B)$0.88/£.
• C)$0.0088/£.
• D)none of the above

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