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JulsSmile [24]
3 years ago
13

The following price quotations are for exchange-listed options on Primo Corporation common stock.

Business
1 answer:
balandron [24]3 years ago
8 0

Answer:

$725

Explanation:

Price of call option = Call value * Number of shares in a contract

Where Call value = $7,25, Number of shares in the contract = 100

So, Price of call option = $7.25 * 100 shares

Price of call option = $725

So, the buyer would have to pay $725 for one call option contract assuming each contract is for 100 shares.

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