You Own One SPX Put Option with a Strike of 1,300.What

question 78

Multiple Choice

You own one SPX put option with a strike of 1,300.What is the payoff at maturity for this option contract if the S&P 500 index is 1,322?

• A)-$3,600
• B)-$36
• C)$0
• D)$36
• E)$3,600

Recognize the role and impact of budgets and budget performance reports in managing responsibility centers.

Identify the characteristics and responsibilities of different types of responsibility centers.

Understand the process and significance of responsibility accounting in organizational management.

Grasp the importance of detailed versus summary reporting in responsibility accounting based on the management level.

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Definitions:

Presence

The state or fact of existing, occurring, or being present in a place or thing.

Absence

The state of being away or not present in a given situation or location.

Crisis

A critical or tumultuous situation that requires immediate and decisive action to prevent or mitigate disaster or distress.

Psychology

The scientific study of the mind and behavior, examining an individual's thoughts, emotions, and actions.