You Own a Stock That Has Risen from $10 Per

question 23

Multiple Choice

You own a stock that has risen from $10 per share to $32 per share.You wish to delay taking the profit but you are troubled about the short run behavior of the stock market.An effective action on your part would be to

• A) Purchase a put.
• B) Purchase a call.
• C) Purchase an index option.
• D) Utilize a bearish spread.
• E) Utilize a bullish spread.

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Definitions:

Multiple Genes

The involvement of two or more genes in influencing a particular trait, characteristic, or phenotype, often leading to a wider range of possible outcomes.

Trait

A distinguishing quality or characteristic, typically one belonging to a person.

Universal Recipients

Individuals, typically with AB+ blood type, who can receive red blood cells from any blood type without risk of an adverse reaction due to the absence of anti-A, anti-B, and anti-Rh antibodies.

Type AB Blood

A blood group characterized by the presence of both A and B antigens on the surface of red blood cells, resulting in the capability to accept A, B, AB, and O blood types.