Exhibit 22 -Refer to Exhibit 22

question 89

Multiple Choice

Exhibit 22.1
Use the Information Below for the Following Problem(S)
$\begin{array}{|l|c|l|l|l|}\hline \text { Option Type } & & \text { Currency } &{\text { Canadian dollar }} \\\hline \text { Contract Size } & & 50000 & {\text { Canadian dollars }} \\\hline \text { Expiry } & & \text { April } & & \\\hline & & & & \\\hline \text { Strike } & \text { Call } & \text { Put } & & \\\hline \$ 0.815 & \$ 0.0118 & & & \\\hline \$ 0.820 & & \$ 0.0068 & & \\\hline\end{array}$
-Refer to Exhibit 22.1.If the spot rate at expiration is $0.75 and the put option was purchased,what is the dollar gain or loss?

• A) $0
• B) $200 loss
• C) $200 gain
• D) $3160 gain
• E) $1187 loss

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Definitions:

Bivariate Approach

A statistical or research method that involves the analysis of two variables to determine the empirical relationship between them.

Personality Dimensions

Fundamental attributes that capture the various aspects of a person's character and behavior, such as introversion/extraversion or openness to experience.

Neuroticism

A personality trait characterized by anxiety, fear, moodiness, worry, envy, frustration, jealousy, and loneliness.

Neuroticism

A personality trait characterized by instability, anxiety, and aggression, making an individual more prone to psychological stress.