You Purchased a Stock for $36 a Share,a Call Option

question 90

Multiple Choice

You purchased a stock for $36 a share,a call option with an exercise price of $35,and a put option with an exercise price of $34.What will be the value of your position when the options expire if the stock price is $37?

• A) $39
• B) $37
• C) $40
• D) $2

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Definitions:

Rough-And-Tumble Play

Physical play that involves running, jumping, and play fighting, important for social development.

Socioeconomic Status

An assessment of where a person or family stands in terms of economic and social hierarchy, judged by factors like their income, educational background, and profession.

Redundancy

The inclusion or presence of additional or duplicate elements or information that can serve as a backup or safety feature.

Social Development

The process by which individuals acquire the values, behaviors, and skills necessary to interact effectively with others.