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The following price quotations are for exchange-listed options on Primo Corporation common stock. ...

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Accounting

The following price quotations are for exchange-listed options on Primo Corporation common stock.
\table[[Company,Strike,Expiration,Call,Put],[Primo 61.12,55,February,7.25,0.48]]
Required:
With transaction costs ignored, how much would a buyer have to pay for one call option contract. Assume each contract is for 100 shares.
Amount for one call option contract
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