The September 14,2009 Price Quotation for a Boeing Call Option

question 70

Multiple Choice

The September 14,2009 price quotation for a Boeing call option with a strike price of $50 due to expire in November is $3.50 while the stock price of Boeing is $51.The premium on one Boeing November 50 call contract is _________.

• A) $1
• B) $2.50
• C) $250.00
• D) $350.00

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Definitions:

National Monetary Unit

The official currency of a country, used as a medium of exchange and standard of value.

Foreseeable Future

A period during which it is reasonably expected that current conditions will continue or the current plans will not change significantly.

Financial Accounting

The field of accounting focused on the summary, analysis, and reporting of financial transactions related to a business, leading to the preparation of financial statements.

External Parties

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