The April9, 2015, price quotation for acall option on LTD stock with a strike price of $66
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Question:
The April9, 2015, price quotation for acall option on LTD stock with a strike price of $66 and due to expire in December is $24.80, while the LTD stock priceis $73.80. The premium on one LTD December 66 call contract is _________.
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