The Value of a Put Option at Expiration Is

question 21

Multiple Choice

The value of a put option at expiration is

• A) Max [0, S(T) - X]
• B) Max [0, X - S(T)]
• C) Min [0, S(T) - X]
• D) Min [0, X - S(T)]
• E) X

---

Definitions:

Net Income

The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue, indicating the company's financial health over a period.

Available Assets

Resources or possessions that an organization or individual has at their disposal and can use whenever needed.

IS Strategic Plan

A document outlining an organization's information systems' long-term goals and strategies, aligning IT infrastructure with business objectives.

IT Architecture

The organizational design of an information technology system, defined by its hardware, software, and network resources, to effectively support the goals of the business.