You Bought a Put with a Strike Price of $35

question 56

Multiple Choice

You bought a put with a strike price of $35. The current stock price is $34. What is the current payoff value of this option?

• A)−$2
• B)−$1
• C)$0
• D)$1
• E)$2

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Definitions:

Prestige

The level of respect, admiration, or esteem that a person, group, or occupation holds in society, often associated with social status.

Society Ruled

A societal structure where decision-making is governed by a specific group or class.

Age Cohort

A group of people who share a similar age and have experienced similar historical or social influences.

Census Generation

The process of systematically acquiring and recording information about the members of a given population, typically conducted by a government.