Use These Option Quotes to Answer This Question

question 72

Multiple Choice

Use these option quotes to answer this question:

-You own 700 shares of ZZ Industries stock which you purchased for $38.40 a share.You would like to have the right to sell your shares for $35.00 a share.What will be the cost to obtain this right?

• A) $0.40
• B) $0.90
• C) $7.00
• D) $476.00
• E) $900.00

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Definitions:

Corporate Boards

Groups of individuals elected by shareholders to oversee the strategic direction, policy-making, and overall governance of a corporation.

Proactive Representation

The approach of representing or advocating for interests, rights, or policies in an anticipatory and strategically forward-thinking manner, often to prevent issues before they arise.

Professional Sports

Involves athletic activities in which athletes receive compensation for their performance, often characterized by organizational structures, leagues, and commercial interests.

Individual Bargaining Power

The capacity of an individual employee to negotiate terms of employment, including pay and working conditions, with their employer.