You Own 300 Shares of Stock Which You Would Like

question 27

Multiple Choice

You own 300 shares of stock which you would like to have the right to sell at $40 a share.The 40 call option is quoted at $0.35 bid,$0.40 ask.The 40 put is quoted at $0.45 bid,$0.50 ask.How much will it cost you to obtain the right to sell all of your shares at $40 a share?

• A) $135
• B) $50
• C) $150
• D) $105
• E) $75

---

Definitions:

Better Beginnings

A program or initiative aimed at improving the start or foundation of something, often related to educational, social, or health-related contexts.

Better Futures

A term that could be associated with programs or initiatives aimed at improving prospects in various contexts, such as education, health, or community development.

Prevention

A concept borrowed from the fields of physical disease, public health, and epidemiology and applied to mental disorders by community psychology. There are three categories of prevention activities: primary prevention, secondary prevention, and tertiary prevention.

Promotion

The act of advancing someone's position or rank, or the process of encouraging the sales, recognition, or enthusiasm for something.