Exhibit 22.7 Use the Information Below for the Following Problem(S)

question 101

Multiple Choice

Exhibit 22.7
Use the Information Below for the Following Problem(S)
GE Corporation has a put option selling for $2.90 and a call option selling for $1.95, both with a strike price of $29.00.
-Refer to Exhibit 22.7.What would the net value of a short straddle position be if the stock price at expiration is $35?

• A) -36.15
• B) -7.15
• C) -$1.15
• D) $1.15
• E) $7.15

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Definitions:

Actualization Tendency

The basic human motivation to actualize, maintain, and enhance the self.

Anima

In Jungian psychology, represents the unconscious feminine side of a man's personality or a man's inner personal feminine conception.

Archetype

A universally understood symbol or pattern of behavior, often derived from the collective unconscious.

Humanistic Psychology

A psychological perspective that emphasizes the study of the whole person and the unique potential of individuals to achieve self-actualization.