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Alicia Owns 500 Shares of Danube Stock

question 25

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Alicia owns 500 shares of Danube stock. She thinks the market price will continue to rise but would like to ensure that she can get at least $47.50 a share should she decide to sell her shares. The 47.50 call option is quoted at $1.05 bid, $1.15 ask. The 47.50 put is quoted at $.80 bid, $.85 ask. How much will it cost her to ensure that she can sell all her shares for at least $47.50 each?

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Definitions:

High Reliability

Refers to the concept or characteristic of extremely consistent performance, minimizing failures or errors across time and conditions.

Descriptive Diagnostic Criteria

Guidelines used in psychiatry that outline the specific symptoms and features used to diagnose mental health disorders.

Clusters

In psychology, clusters refer to groups of disorders categorized together based on common characteristics or symptoms, often used in the classification of personality disorders.

Essential Features

Characteristics that are necessary and defining for a concept, condition, or object.

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