Suppose You Purchase a Call Option on Asset XYZ That

question 22

Multiple Choice

Suppose you purchase a call option on Asset XYZ that has an exercise price of $50. The option price is $3 per share. Suppose that on the expiration date, the current price is $49. What is your net profit or loss per share?

• A) -$4.00
• B) -$3.00
• C) -$2.00
• D) $0.00

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Definitions:

Compulsive Liars

Individuals who have a persistent tendency to tell untruths or fabricate stories, often with no apparent motive or gain.

Disorders

Conditions that disrupt normal physical or mental functions.

Perspective

A particular attitude toward or way of regarding something; a point of view.

Mental Disorder

A health condition characterized by alterations in thinking, mood, or behavior associated with distress or impaired functioning.