You Own an October 12 Call and an October 12

question 24

Multiple Choice

You own an October 12 call and an October 12 put on SC stock.If the call finishes in the money,then the put will

• A)also finish in the money.
• B)finish out of the money.
• C)finish at the money.
• D)either finish at the money or out of the money.
• E)either finish at the money or in the money.

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Definitions:

Security Needs

The requirement for safety and protection from harm for individuals or organizations.

Seniority System

is a workplace policy where decisions about promotions, layoffs, and other job-related matters are made based on the length of an employee's service.

Motivation Level

The degree of willingness of an individual to exert effort towards achieving personal or organizational goals.

Open-Door Policy

A management approach whereby executives encourage openness from employees, allowing them to discuss any matter freely without fear of retribution.