Use the Table for the Question(s) Below

question 60

Multiple Choice

Use the table for the question(s) below.
Consider the following information on options from the CBOE for Rackspace.

-The open interest for a January 2011 call option that is closest to being at-the-money is ________.

• A) 1436
• B) 2245
• C) 872
• D) 523

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Definitions:

Perfect Competition

A market structure characterized by a large number of small firms, identical products, perfect information, and no barriers to entry or exit.

Multiplant Firm

A company that operates in more than one location, often to take advantage of different regional resources or markets.

Marginal Costs

The cost associated with producing an additional unit of output in a production process.

Maximize Revenue

The process of adjusting price levels, production quantities, and sales strategies to achieve the highest possible sales income.