You Purchased a Stock for $43 a Share, a Call

question 3

Multiple Choice

You purchased a stock for $43 a share, a call option with an exercise price of $40 and a premium of $5, and a put option with an exercise price of $45 and a premium of $4. What will be your net profit if you close out all three positions when the stock is selling for $48 a share?

• A) -$9
• B) -$4
• C) $5
• D)$4

Recognize the significance of the shelter principle in HDC transactions.

Identify the requirements for an individual or entity to attain HDC status.

Explain the process and implications of transferring negotiable instruments including checks and notes.

Understand the defenses available against claims on negotiable instruments under various circumstances.

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Definitions:

Id, Ego, Superego

Components of Sigmund Freud's psychoanalytic theory of personality, representing the unconscious, the reality-oriented aspect, and the moral conscience respectively.

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing their behaviors, thoughts, and feelings.

Cultural Context

The social, religious, economic, and political conditions that influence the understanding and interpretation of ideas and concepts.

Studying Personality

The field of psychology that examines individual differences in characteristics, traits, and behaviors.