A Speculator Purchased a Call Option with an Exercise Price

question 6

Multiple Choice

A speculator purchased a call option with an exercise price of $31 for a premium of $4. The option was exercised a few days later when the stock price was $34. What was the return to the speculator?

• A)25 percent
• B)- 25 percent
• C)- 3.2 percent
• D)- 2.9 percent

Understand the effects of creativity on business and organizational outcomes.

Distinguish between intrinsic and extrinsic motivation in the context of creativity.

Understand the role of the open mode and mental state in fostering creativity.

Learn the impact of specific attitudes and practices on creativity, including misconceptions and beneficial approaches.