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Use these option quotes to answer this question: Chg ZZ Industries: Price 34.36 Calls: Strike Symbol 30.00 ZZBF 32.50 ZZBZ 35.00 ZZBG Puts: Strike Symbol

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Use these option quotes to answer this question: Chg ZZ Industries: Price 34.36 Calls: Strike Symbol 30.00 ZZBF 32.50 ZZBZ 35.00 ZZBG Puts: Strike Symbol 30.00 ZZNF 32,50 ZZNZ 35.00 ZZNG Last 4.30 1.87 0.01 10.07 10.07 10.05 Bid 4.30 1.82 0.00 Ask 4.40 1.87 0.01 Vol 62 236 3119 Open Int 3,429 8,168 38,017 Last 0.01 0.01 Chg 0.00 10.02 10.14 Bid 0.00 0.00 0.63 Ask 0.01 0.01 0.68 Vol 0 562 2637 Open Int 7,258 34,972 19,686 0.60 You own 700 shares of ZZ Industrion stock which you purchased for $38.40 a share. You would like to have the right to sell your shares for $35.00 a share. What will be the cost to obtain this right? 37.00 5900.00 10.40 30.90 1476.00

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