It is August 21, 2013, and you have decided to purchase 10 September call contracts on Amazons
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It is August 21, 2013, and you have decided to purchase 10 September call contracts on Amazon’s stock with an exercise price of $285. Because you are buying, you must pay the ask price. How much money will this purchase cost you? Is this option in-the-money or out-of-the-money?
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