You Purchased a Stock and a Put Option on the Stock

question 45

Multiple Choice

You purchased a stock and a put option on the stock with an exercise prices of $40 a share.What will be the value of your position when the option expires if the stock price is $28 a share?

• A) $40
• B) $28
• C) $12
• D) $32

Understand the two faces of power as proposed by David McClelland.

Identify the different bases of power within organizational contexts.

Recognize how personal and social power affect relationships and exchanges in organizations.

Comprehend the ethical considerations in the exercise of power and influence in organizations.

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Definitions:

Hand-operated Parking Brake

A manually controlled system that locks the brakes to prevent a vehicle from rolling when parked.

Latch

A mechanical fastener that joins two objects or surfaces, allowing for easy separation or access.

Gear

A mechanical component featuring teeth that mesh with other gear teeth to transmit torque and speed in machinery.

Seized Caliper

Refers to a brake caliper that has become stuck in a position, either applied or released, leading to impaired braking performance.