What Is the Value of Five August $25 Call Contracts

question 53

Multiple Choice

What is the value of five August $25 call contracts on Dove stock?

• A) $34
• B) $68
• C) $340
• D) $690
• E) $3,450

---

Definitions:

Proctology

A branch of medicine dealing with the diagnosis and treatment of disorders affecting the colon, rectum, and anus.

Proctalgia

A term for pain or discomfort in the rectal area or anus, often without an identifiable cause.

Proctoplasty

Surgical reconstruction of the rectum, often to repair damage or correct malformations.

Laparotomy

A surgical procedure involving a large incision in the abdomen to gain access to the abdominal cavity for diagnosis or treatment.