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Question
You own 300 shares of stock which you would like to have the right to sell at $40 a share. The 40 call option is quoted at $0.35 bid, $0.40 ask. The 40 put is quoted at $0.45 bid, $0.50 ask. How much will it cost you to obtain the right to sell all of your shares at $40 a share?A. $135
B. $50
C. $150
D. $105
E. $75
Answer
This answer is hidden. It contains 31 characters.
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