Exhibit 22 -Refer to Exhibit 22

question 27

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.How much must an investor pay for one put option contract?

• A) $680
• B) $815
• C) $340
• D) $625
• E) $590

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Definitions:

Pollinated

The transfer of pollen from the male parts of a plant to the female parts, resulting in fertilization and seed production.

Filamentous

Having a long, thread-like shape, often used to describe the structure of certain types of bacteria, fungi, and plants.

Green Alga

Photosynthetic algae, mostly aquatic, which contain chlorophyll and produce oxygen, forming the basis of many aquatic food chains.

Spirogyra

A genus of filamentous green algae known for its spiral chloroplasts, commonly found in freshwater environments.