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In mid-September, the stock of Amazon.com, Inc. (AMZN) is selling for $147.A January call option on the
stock is selling for $6.10 and has a strike price of $160. This call option is:
A. out of the money.
B. overpriced. No one should pay $6.10 for the right to buy a share of stock for $160 when its current
market price is only $147.
C. at the money.
D. in the money.
Answer: A
Explanation:
If Amazon.com is selling for $147 and the strike price on the option is $160, the call option is
said to be out of the money since, even if an investor were given the option free, he would not benefit from
exercising it at this time. If he did so, he would be paying $160 for a stock that is selling for only $147 on
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NEW QUESTION: 3
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B. アプリケーションをステージングに移動し、続いて本番ステータスに移動します
C. タスクを完了するための単一の「公開」アクション
D. システム管理者の承認
Answer: A,B
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Feedbacks
Aalk - 2014-05-05 16:45:18
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