You Purchase One IBM 200 Call Option for a Premium

question 55

Multiple Choice

You purchase one IBM 200 call option for a premium of $6. Ignoring transaction costs, the break-even price of the position is

• A) $194.
• B) $228.
• C) $206.
• D) $211.

---

Definitions:

Disparate Treatment

A form of intentional discrimination in which an employee is hired, fired, denied a promotion, or the like, on the basis of membership in a protected class.

Intentional Discrimination

Discriminatory actions taken with deliberateness and awareness towards an individual or group based on certain characteristics.

Disparate Impact

A form of discrimination that arises when an employer’s policy or practice appears to apply to everyone equally but its actual effect is that it disproportionately limits employment opportunities for a protected class.

At-Will Employment

At-will employment refers to an employment arrangement where either the employer or the employee can terminate the employment relationship at any time without providing a reason, subject to certain legal restrictions.