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papahomer papahomer
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7 years ago
Barco Corp. common stock is currently selling for $36.50. A call option on Barco stock costs $.75 per share on a normal contract of 100 shares. This option has an exercise price of $39 and expires in one month. What is the minimum value of this option?
A) $2.50
B) $75
C) $0
D) $36.50
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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LutionalLutional
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7 years ago
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papahomer Author
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7 years ago
Thanks for your help!!
Mkersey12
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
kriggs62
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2 hours ago
Brilliant ツ
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