You Hold a Floating-Strike Lookback Put Option Written on a Stock.The

question 2

Multiple Choice

You hold a floating-strike lookback put option written on a stock.The stock price at inception was $56,the stock price at maturity is $63,and the lowest and highest stock prices observed over the option's life are,respectively,$52 and $64.The payoff from the option at maturity is

• A)Zero.
• B)$1.
• C)$11
• D)Cannot be answered without information on the strike price.

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Definitions:

Reliable Detection

The ability to consistently and accurately identify or recognize the presence of a specific condition, substance, or pattern.

Rare Condition

A health condition or disease that affects a small percentage of the population, often with limited research and treatment options.

Warning Signals

Indicators or alerts that signify potential danger or the need for caution.

Sense Receptors

Specialized cells located in the sensory organs that detect and respond to different stimuli by converting them into neural impulses.