June Call and Put Options on King Books Inc

question 73

Multiple Choice

June call and put options on King Books Inc. are available with exercise prices of $30, $35, and $40. Among the different exercise prices, the call option with the ________ exercise price and the put option with the ________ exercise price will have the greatest value.

• A) $40; $30
• B) $30; $40
• C) $35; $35
• D) $40; $40

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