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Latifa Co's stock is trading at KD10 a share. There are also call options on the company's stock, some with an exercise price of KD7

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Latifa Co's stock is trading at KD10 a share. There are also call options on the company's stock, some with an exercise price of KD7 and some with an exercise price of KD13. All options expire in 3 months. Which of the following best describes the value of these options? O a. The options with the KD7 exercise price will sell for KD3. O b. If Latifa's stock price rose by KDS, the exercise value of the options with the KD7 exercise price would also increase by KDS c. The options with the KD7 exercise price have an exercise value greater than KD3. Od. The options with the KD7 exercise price will sell for less than the options with the KD13 exercise price Oe. The options with the KD13 exercise price have an exercise value greater than KDO

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