You Own 300 Shares of Stock Which You Would Like

question 27

Multiple Choice

You own 300 shares of stock which you would like to have the right to sell at $40 a share.The 40 call option is quoted at $0.35 bid,$0.40 ask.The 40 put is quoted at $0.45 bid,$0.50 ask.How much will it cost you to obtain the right to sell all of your shares at $40 a share?

• A) $135
• B) $50
• C) $150
• D) $105
• E) $75

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Definitions:

Delay Tactics

Strategic actions or maneuvers employed to postpone or slow down a process, often used in negotiations or legal contexts.

Bargaining Unit Definition

An assembly of employees, known for their unified interests, who are represented by a singular labor union during collective bargaining discussions.

Ideological Beliefs

A set of convictions or principles that guides an individual's understanding of the world and decision-making processes.

Representation Election

A formal voting process in which employees decide whether or not they want to be represented by a labor union in collective bargaining.