General Mills Bought September Call Options for Wheat with an Exercise

question 61

Multiple Choice

General Mills bought September call options for wheat with an exercise price of $2.80 at a price of $0.10 per bushel.If the price of wheat at the expiration is $2.90, what is the cost of one bushel of wheat for General Mills?

• A)$2.70
• B)$2.80
• C)$2.90
• D)$3.00 Cost of one bushel of wheat = $2.90

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Definitions:

Clinical Psychologists

Professionals specializing in diagnosing and treating mental, emotional, and behavioral disorders through psychological techniques.

Personality Psychologists

Study various aspects of personality including traits, behaviors, and psychological processes.

Cognitive Psychologists

Scientists who study mental processes such as perception, memory, thought, and problem-solving.

School Psychologists

Professionals specialized in the psychological assessment, evaluation, and intervention within educational settings to support student learning and well-being.