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Gabriella is discussing call options with her client Ronaldo. What is the correct statement regarding the exercise price for an option? A) The exercise price

Gabriella is discussing "call" options with her client Ronaldo. What is the correct statement regarding the "exercise price" for an option?

A) The exercise price represents that maximum purchase price

B) The exercise price represents that minimum purchase price

C) The exercise price represents that minimum selling price

D) The exercise price represents that maximum selling price

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