You Sold Five Put Options on Wexmeyer Stock with an Exercise

question 394

Multiple Choice

You sold five put options on Wexmeyer stock with an exercise price of $55 and an option price of $1.70. Today, the contracts expire and the stock is selling for $56.25 a share. What is your net profit or loss on this investment? Ignore trading costs and taxes.

• A) -$1,475
• B) -$225
• C) $225
• D) $850
• E) $1,475

Differentiate between various theories related to motivation and emotion.

Recognize the effects of autonomy, self-efficacy, and relatedness on motivation.

Identify how culture influences motivation through contrasting individualistic and collectivist cultures.

Apply knowledge of motivation theories to real-life scenarios involving work, education, and personal interests.

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Definitions:

Equality

A situation where status, rights, and opportunities are the same for everyone.

Plantation Slavery

A system of agriculture in the Americas where large farms or plantations relied on the forced labor of enslaved African people to grow crops like tobacco, sugar, and cotton from the 16th to the 19th century.

Death Rate

The number of deaths in a particular population, scaled to the size of that population, per unit of time.

Household Slavery

A form of slavery where enslaved individuals work primarily in the slave-owner's household, performing domestic tasks.