You Purchased a Call Option for $3

question 8

Multiple Choice

You purchased a call option for $3.45 seventeen days ago.The call has a strike price of $45 and the stock is now trading for $51.If you exercise the call today,what will be your holding period return? If you do not exercise the call today and it expires,what will be your holding period return?

• A)173.9%, -100%
• B)73.9%, -100%
• C)57.5%, -173.9%
• D)73.9%, -57.5%
• E)100%,-100%

Recognize the importance of culture in shaping technologies and innovative practices.

Examine the factors that influence conformity and non-conformity within groups.

Identify and explain significant domestic policies and cultural shifts in the United States during the latter half of the 20th century.

Understand and describe the global context of American foreign policy decisions in the post-World War II era.

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Definitions:

Conglomerate Business

A large corporation formed by the merging of separate and diverse firms, involved in unrelated business activities.

Japan

A country located in East Asia, known for its rich culture, advanced technology, and historical significance.

Keiretsu

A network of interlinked Japanese companies, sharing mutual interests and relationships, often linking manufacturers with suppliers, distributors, and banks.

Sherman Act

A landmark federal statute in the field of United States antitrust law passed in 1890 which prohibits monopolistic practices and promotes competition.