You Recently Purchased Three Put Option Contracts on Guillepsi Stock

question 17

Multiple Choice

You recently purchased three put option contracts on Guillepsi stock with an exercise price of $42.50.What is the total intrinsic value of these contracts if the stock is currently selling for $45 a share?

• A)-$360
• B)-$120
• C)$0
• D)$120
• E)$360

Compare and contrast classical criminology, biological, and sociological approaches to understanding crime.

Discuss the foundations and criticisms of classical criminology.

Understand the historical context and purpose behind the enactment of labor laws such as the Norris-LaGuardia Act and the National Labor Relations Act (NLRA).

Recognize the legal boundaries of labor practices, including what constitutes unfair labor practices under the Labor Management Relations Act (LMRA).

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Definitions:

Secondary Market

A financial market where previously issued financial instruments such as stock, bonds, options, and futures are bought and sold.

Interest

The cost of borrowing money, often expressed as a percentage rate over a period of time, or the income earned from lending money.

Dividends

Money disbursed by a business to its members, principally originating from the enterprise's earnings.

Financial Intermediary

An institution that pools investors’ money and invests it on their behalf giving the investors shares of itself. Mutual funds are the primary example.