Use the Table for the Questions Below

question 67

Multiple Choice

Use the table for the questions below
Consider the following information on options from the CBOE for Rackspace.
-Assume you want to buy five call option contracts with an exercise price closest to being at-the-money and that expires December 2010.The current price that you would have to pay for such a contract is:

• A)$550
• B)$110
• C)$475
• D)$300
• E)$525

---

Definitions:

Accompanied

Being in the company of someone else or being present with another entity or object.

Successful

Achieving intended goals, whether in personal accomplishments, career, or other areas of life.

Humorous

Characterized by the quality of being amusing or funny, often involving the ability to see the lighter side of circumstances.

Uneducated

Typically refers to a person who has not received formal education or is lacking in knowledge or training in specific areas.