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Exhibit 22 -Refer to Exhibit 22

question 89

Multiple Choice

Exhibit 22.1
Use the Information Below for the Following Problem(S)
 Option Type  Currency  Canadian dollar  Contract Size 50000 Canadian dollars  Expiry  April  Strike  Call  Put $0.815$0.0118$0.820$0.0068\begin{array}{|l|c|l|l|l|}\hline \text { Option Type } & & \text { Currency } &{\text { Canadian dollar }} \\\hline \text { Contract Size } & & 50000 & {\text { Canadian dollars }} \\\hline \text { Expiry } & & \text { April } & & \\\hline & & & & \\\hline \text { Strike } & \text { Call } & \text { Put } & & \\\hline \$ 0.815 & \$ 0.0118 & & & \\\hline \$ 0.820 & & \$ 0.0068 & & \\\hline\end{array}
-Refer to Exhibit 22.1.If the spot rate at expiration is $0.75 and the put option was purchased,what is the dollar gain or loss?


Definitions:

Nerve Block

A medical procedure that involves the injection of anesthetic near nerves to temporarily block pain sensation in a specific area of the body.

Moderate Sedation

A medical process of inducing a state where a patient is relaxed and conscious, but is not aware of discomfort.

Conscious Sedation

A medically induced state where a patient remains awake but is relaxed and free of pain during a medical procedure.

Pain Relief

The reduction or elimination of pain, achieved through various methods including medication, physical therapy, and alternative treatments.

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