What Is the Value of One November 35 Put Contract

question 77

Multiple Choice

What is the value of one November 35 put contract? $$\begin{array}{l}\text { KNJ (KNJ) Underlying share price: } 30.86\\\begin{array} { | l | l | l | l | } \hline & & \text { Call } & \text { Put } \\\hline \text { Expiration } & \text { Strike } & \text { Last } & \text { Last } \\\hline \text { Aug } & 25 & 6.15 & .05 \\\hline \text { Nov } & 25 & 6.60 & 10 \\\hline \text { Aug } & 35 & 10 & 4.60 \\\hline \text { Nov } & 35 & .70 & 5.10 \\\hline\end{array}\end{array}$$

• A)€70
• B)€460
• C)€510
• D)€4,600
• E)€5,100

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National Labor Relations Board

A federal agency of the United States responsible for enforcing US labor law in relation to collective bargaining and unfair labor practices.

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Wagner Act

Also known as the National Labor Relations Act of 1935, it established the rights of workers to organize, join labor unions, and engage in collective bargaining.