You Purchased a Put with a Strike Price of $37

question 30

Multiple Choice

You purchased a put with a strike price of $37.5 and an option premium of $.45. You simultaneously bought the stock at a price of $36 a share. What is your profit per share on these transactions if the stock price at expiration is $33.50 a share?

• A)−$1.15
• B)−$.15
• C)$.15
• D)$.75
• E)$1.05

Realize the importance of networks and the concept of structural holes in leveraging power and influence.

Grasp the ethical considerations and potential corruptive effects of power in leadership positions.

Define and distinguish various terms and theories related to power and influence in organizational behavior.

Understand the legal framework and considerations related to negligence claims, including assumption of risk, comparative negligence, and duty of care.

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Definitions:

Fixed Costs

Rephrased: Expenses that remain constant regardless of the amount of goods or services produced by a business.

Variable Costs

Costs that vary directly with the level of production or sales volume, such as raw materials and direct labor.

Budgeted Net Income

The projected net income for a future period, based on expected revenues and expenses.

Variable Expenses

Expenses directly linked to the volume of output, adjusting in accordance with business activity levels.