A call option priced at $2 with a stock price of $30 and an exercise price of $35 allows the holder to buy the stock at
a. $2
b. $32
c. $33
d. $35
e. none of the above
Answer: D
A call option priced at $2 with a stock price of $30 and an exercise price of $35 allows the holder to buy the stock at
a. $2
b. $32
c. $33
d. $35
e. none of the above
Answer: D
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