Solved: Options on primo corporation common stock, Microeconomics

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Options on primo corporation common stock

Question: 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?

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Microeconomics: Options on primo corporation common stock

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