You Own a September Put on CBA Corp

question 48

Multiple Choice

You own a September put on CBA Corp.with an exercise price of $80.CBA stock currently trades at $80 and the put at $5.Which of the following is definitely true?

• A) The option will continue to gain value until its September expiration.
• B) The owner should exercise now in order to avoid further losses.
• C) Decreases in the CBA stock price will be translated directly into additional option value.
• D) $20 is the maximum value for this option.

Analyze the relationship between goal orientation and work performance.

Understand the potential pitfalls and limitations of goal setting.

Comprehend the role of action plans in achieving goals.

Recognize behavior modification techniques as strategies for self-motivation.

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Definitions:

Generational Stereotype

A set of preconceived ideas and beliefs about the characteristics, behaviors, and attitudes of individuals belonging to specific age groups, often resulting in oversimplifications or biases.

Generation Y

Also known as Millennials, this demographic cohort follows Generation X and is typified by their birth years from the early 1980s to the mid-1990s to early 2000s.

Work Ethic

A firm belief in the dignity and value of work and, therefore, important for favorably impressing a manager.

Morally Disengage

The cognitive process where individuals justify or rationalize behavior that is unethical or harmful, often to sustain self-esteem or adhere to group norms.