Exhibit 22 -Refer to Exhibit 22

question 47

Multiple Choice

Exhibit 22.2
Use the Information Below for the Following Problem(S)
$$\begin{array} { c} &&\text{XYZ CORP}\\ & \quad\quad\quad\quad \text { Exercise } & & \quad\quad\quad\quad\quad\quad { \text { NYSE } } \\& \text { Date } & \text { Price } & \text { Price } & \text { Clase } \\\hline \text { Calls } & \text { OCT } & 85 & 163 / 4 & 101\quad11 / 16 \\& \text { OCT } & 90 & 12 & 101\quad11 / 16 \\& \text { OCT } & 95 & 75 / 8 & 101\quad11 / 16 \\\text { Puts } & \text { OCT } & 85 & 1 / 8 & 101\quad11 / 16 \\& \text { OCT } & 90 & 3 / 8 & 101\quad11 / 16 \\& \text { OCT } & 95 & 13 / 16 & 101\quad11 / 16\end{array}$$
-Refer to Exhibit 22.2.If you establish a long straddle using the options with an 85 exercise price,what is your dollar gain or loss if at expiration XYZ is still trading at 101 11/16?

• A) $18.75 loss
• B) $18.75 gain
• C) $1,668.75 gain
• D) $1,668.75 loss
• E) $1,687.50 loss

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Definitions:

Medical Model

A framework that views psychological disorders as medical diseases with biological causes, which can be diagnosed, treated, and possibly cured.

Biopsychosocial Approach

An integrated approach that considers biological, psychological, and social factors in understanding health, illness, and healthcare delivery.

Major Depressive Disorder

A mood disorder in which a person experiences, in the absence of drugs or a medical condition, two or more weeks of significantly depressed moods, feelings of worthlessness, and diminished interest or pleasure in most activities.

Seasonal Affective

Part of Seasonal Affective Disorder (SAD), a type of depression that occurs at the same time each year, typically in the winter months.