You Own Four Call Option Contracts on Webster South Stock

question 401

Multiple Choice

You own four call option contracts on Webster South stock with a strike price of $17.50. When you purchased the shares the option price was $.85 and the stock price was $16.90. What is the
Intrinsic value of your investment if Webster is currently selling for $16.40 a share?

• A) -$440
• B) -$240
• C) $0
• D) $240
• E) $440

Recognize how intellectual property is treated within a partnership context.

Understand the implications of a partner’s death, retirement, or exit from the partnership.

Differentiate between the types of partnerships (e.g., general, limited) and their respective management and liability structures.

Grasp the process and prioritization in paying debts and distributing assets upon partnership dissolution.