ple Choices
(Choose 1 answer)
(24989) A stock is selling for $32.70. The strike price on a call, maturing in 6 months, is $35. The possible stock prices at the end of 6 months are $39.50 and $28.40. If interest rates are 6.0%, what is the option price?
A. $1.90
B. $2.80
C. $3.40
D. $4.20