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Explain how much would a buyer have to pay for one call

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Reference no: EM1332645

Call option contracts - Primo Corporation

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

Company Strike Expiration Call Put
Primo 61.12 55 Feb 7.25 .48

Ignoring transaction costs, how much would a buyer have to pay for one call option contract?

 

Reference no: EM1332645

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