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Use the table for the question(s) below. Consider the following information on options from the CBOE for Merck: Assume you want to buy one option

image text in transcribedUse the table for the question(s) below.

Consider the following information on options from the CBOE for Merck:

Assume you want to buy one option contract with an exercise price closest to being at-the-money and that expires January 2009. The current price that you would have to pay for such a contract is: A) $680 B) $380 C) $650 D) $420

Oct06,2006@14:40ET(Data20MinutesDelayed)BidN/AAskN/ASizeN/AxN/AVol6650300

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