Three Months Ago You Bought a Put Option with an Exercise

question 78

Multiple Choice

Three months ago you bought a put option with an exercise price of $100.What is the value of this option at expiration if the stock price is $110?

• A) $10
• B) −$110
• C) $0
• D) −$10

Recognize considerations before cosigning a loan.

Describe consumer advisories when activating new credit cards.

Enumerate immediate actions recommended by the Federal Trade Commission for identity theft victims.

Understand the concept of opportunity costs related to financial decisions.

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Definitions:

Making Progress

The act of moving forward or advancing towards a goal or improved state.

Giving Advice

The act of offering recommendations or guidance to someone about what they should do in a particular situation.

Personal Decision Making

The process of making choices or decisions based on personal preferences, beliefs, or values, rather than external advice or influence.

Clarification

The act or process of making a statement or concept clear and understandable, often by providing detailed explanation or context.