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Consider the following information on options from the CBOE for Merck: MRK 41.95+0.53 6) You have decided to buy 10 January 2009 call options on

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Consider the following information on options from the CBOE for Merck: MRK 41.95+0.53 6) You have decided to buy 10 January 2009 call options on Merck with an exercise price of $45 per share. How much will this transaction cost you? Answer exactly how much dollars, say \$xxx, only put in xxx

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