Suppose That You Purchased a Call Option on the S&P

question 86

Multiple Choice

Suppose that you purchased a call option on the S&P 100 Index.The option has an exercise price of 1,700, and the index is now at 1,760.What will happen when you exercise the option?

• A)You will have to pay $6,000.
• B)You will receive $6,000.
• C)You will receive $1,700.
• D)You will receive $1,760.

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Definitions:

The Labour Board

A governmental agency responsible for overseeing labor relations, including the administration of labor laws and the resolution of disputes between employers and employees.

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Constructive Dismissal

A situation where an employee resigns because their employer's behavior has become unbearable or intolerable, effectively forcing them out.

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A form of disciplinary action aimed at correcting undesirable behavior or performance issues among employees.