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

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Definitions:

Voice

The mechanism by which employees can express concerns, opinions, or grievances in the workplace, leading to constructive dialogue and potential improvements in working conditions, policies, or practices.

Unitarist

A perspective within industrial relations that views the organization as an integrated and harmonious whole, where management and staff share common objectives.

Pluralistic

A characteristic of societies or organizations that recognize and embrace diversity, including a variety of perspectives, cultures, or systems.

Conflict

A situation where two or more parties have incompatible goals, interests, or values, often leading to tension or disputes.