Question: TABLE 7 . 1 Use the table to answer following question ( s ) . April 1 9 , 2 0 0 9 , British

TABLE 7.1
Use the table to answer following question(s).
April 19,2009, British Pound Option Prices (cents per pound, 62,500 pound contracts).
\table[[Option &,Strike,,Calls-,Last,,Puts-L,ast],[Underlying,Price,May,June,July,May,June,July],[1448,1440,0.88,1.4,1.42,0.5,1.06,-],[1448,145,0.42,1.0,fin,\table[[-,-]],-,-],[1448,1460,0.20,0.6,0.72,-,2.32,-]]
Refer to Table 7.1. The May call option on pounds with a strike price of 1440 means:
A. $0.88.
B. $88 per contract.
C. $0.0088E.
D. none of the above
 TABLE 7.1 Use the table to answer following question(s). April 19,2009,

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