You Bought a Put with a Strike Price of $35

question 53

Multiple Choice

You bought a put with a strike price of $35.The current stock price is $33.What is the current payoff value of this option?

• A) -$2
• B) -$1
• C) $0
• D) $1
• E) $2

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Definitions:

High Temperatures

Conditions involving elevated temperatures, often influencing chemical reactions or physical states of matter.

Activation Energy

The minimum amount of energy required to initiate a chemical reaction.

Endergonic

A chemical reaction in which the standard change in free energy is positive, and energy is absorbed from the surroundings.

Exergonic

Describes a reaction that ends with a net release of free energy.