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28. (a) What is the cost of three August 35 call option contracts on BeTa stock given the following price quotes? BeTa(BTA) Underlying stock price:

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28. (a) What is the cost of three August 35 call option contracts on BeTa stock given the following price quotes? BeTa(BTA) Underlying stock price: 31.12 Put Expiration Strike Last Last Call 10 .15 20 4.10 4.75 6.80 7.10 25 25 35 35 Aug ov Aug Nov 85 (b) What is the intrinsic value of the August 35 put? BeTa(BTA) Underlying stock price: 31.12 Put Expiration Strike Last Last Call Aug Nov Aug oV 25 25 35 35 6.80 7.10 20 85 10 .15 4.10 4.75

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