You Purchased a Stock for $43 a Share,sold a Call

question 55

Multiple Choice

You purchased a stock for $43 a share,sold a call option with an exercise price of $40,and bought a put option with an exercise price of $45.What will be the value of your position when the options expire if the stock price is $48 a share?

• A) $48
• B) $46
• C) $56
• D) $40

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Definitions:

Filtration Slits

Narrow openings between the extensions of the podocytes in the kidney that filter blood to form urine.

Hydrostatic Pressure

The pressure exerted by a fluid at equilibrium due to the force of gravity.

Glomerular Filtration Membrane

A specialized filter in the kidney, consisting of capillary networks, that allows the passage of water and small solutes into the nephron while retaining larger molecules.