Question: Look at the data in Table 23.2. a. What is the price of a call option with an exercise price of $750 and expiration in

Look at the data in Table 23.2.
a. What is the price of a call option with an exercise price of $750 and expiration in
March 2016? What if expiration is in January 2017?
b. Why do you think the January 2017 calls cost more than the March 2016 calls?
c. Is the same true of put options? Why?

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