Underlying Stock Price: 45

question 116

Multiple Choice

Underlying stock price: 45.80 What option would you buy if you want to have the right to sell 100 shares of Glaxo stock on or before the 3^rd Friday in October for $45 per share?

• A) Oct 45 call
• B) Oct 47.50 call
• C) Oct 50 put
• D) Oct 45 put
• E) Nov 47.50 put

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Definitions:

Expectancy Theory

A motivational theory suggesting that individuals are motivated to act in certain ways based on their expectations of rewards.

Leader Style

Refers to the characteristic ways in which a leader behaves in order to influence the members of a group toward a goal.

Follower Characteristics

Refers to the traits, behaviors, and attributes of individuals who are led by others in various contexts.

Work Setting

pertains to the physical and social environment in which individuals perform their job tasks.