Which One of the Following Is Correct for the Owner

question 47

Multiple Choice

Which one of the following is correct for the owner of a June call on XYZ Corp.with an exercise price of $60? XYZ Corp.currently trades at $55 and the option at $3.

• A) XYZ stock will go to $63 per share within the option period.
• B) The option should be exercised now.
• C) The option owner's current profit is $3 per share.
• D) The option may expire without value.

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Definitions:

Safe Environment

A setting or situation that provides security and protection, minimizing risks of harm or danger to individuals.

Open and Responsive

A characteristic of being willing to listen, adapt, and react positively to feedback, suggestions, and changes in the environment.

Critical Thinking

It is the objective analysis and evaluation of an issue or situation in order to form a judgment, often involving questioning, analysis, synthesis, and evaluation.

Informal Elements

Aspects of an organization or society that are not officially documented, yet play a significant role in its operations or culture.