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ple Choices
(Choose 1 answer)
(24964) Consider a stock priced at $30. There are call options available at exercise prices of 30 and a time to expiration of six months. The calls are priced at $2.89. There are no dividends and assume that all transactions consist of 100 shares or one contract (each includes 100 options).
What is the maximum profit if you buy a call?
A. $2,711
B. infinity
C. zero
D. $3,289
Ε. $3,000