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

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

3 Answers

$725Explanation:Price of call option = Call value * Number of shares in a contract Where Call value = $7,25, Number of shares in the contract = 100So, Price of call option = $7.25 * 100 sharesPrice of call option = $725So, the buyer would have to pay $725 for one call option contract assuming each contract is for 100 shares.... Show More

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