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Deeble Construction Co.’s stock is trading at $30 a share. There are also call options on the company’s stock, some with an exercise price of $23 and some with an exercise price of $37. All options expire in three months. Which of the following best describes the value of these options?,Select the correct answer. ,, The options with the $23 exercise price will sell for $7. ,, The options with the $23 exercise price will sell for less than the options with the $37 exercise price. ,, The options with the $23 exercise price have an exercise value greater than $7. ,, The options with the $37 exercise price have an exercise value greater than $0. ,, If Deeble’s stock price rose by $7, the exercise value of the options with the $23 exercise price would also increase by $7.,,

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