You own 500 shares of ZZ Industries stock which you purchased for $28.60 a share. You would like to have the right to sell your shares for $30 a share. What will be the cost to obtain this right?
A) $0.40
B) $0.90
C) $5.00
D) $396.00
E) $900.00

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The Answer of You own 500 shares of ZZ Industries stock which you purchased for $28.60 a share. You would like to have the right to sell your shares for $30 a share. What will be the cost to obtain this right?
A) $0.40
B) $0.90
C) $5.00
D) $396.00
E) $900.00

You Own 500 Shares of ZZ Industries Stock Which You