Which of the Following Is Correct for the Owner of a June

question 25

Multiple Choice

Which of the following is correct for the owner of a June call,valued at $3,on XYZ Corp.with a strike price of $60? XYZ Corp.currently trades at $55.

• A) XYZ is expected to go to $63 per share.
• B) The option cannot currently be exercised.
• C) The option owner's current profit is $3 per share.
• D) The option may expire without value.

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Definitions:

Self-Love

The regard for one's own well-being and happiness, prioritizing self-care and self-respect.

Social Development

The process by which individuals acquire and learn the skills, behaviors, and attitudes necessary for effective participation in society.

Warm and Supporting

Describes an environment or relationship characterized by emotional warmth, encouragement, and a nurturing attitude.

Secure

Defines a state or feeling of being safe, stable, and free from fear or anxiety.