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The following price quotations are for exchange-listed

The following price quotations are for exchange-listed options on ConocoPhillips (COP) common stock.

Company Strike Expiration Call Put

COP 54 Feb 7.13 0.90

61.12

With transaction costs ignored, how much would a buyer have to pay for one call option contract?

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Finance Basics: The following price quotations are for exchange-listed

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Finance Basics: The following price quotations are for exchange-listed

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