You Want the Right, Not the Obligation, to Buy 600

question 84

Multiple Choice

You want the right, not the obligation, to buy 600 shares of a stock at a price of $34.50 a share. The 34.50 call option has a quoted price of $0.20 and the $34.50 put option is quoted at $1.50. How much will it cost you to acquire the right you want?

• A) $1.20
• B) $1.50
• C) $120
• D) $150
• E) $180

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Definitions:

Hofstede's Dimensions

A framework for cross-cultural communication developed by Geert Hofstede, which identifies six cultural dimensions influencing workplace and societal behaviors.

Individualistic Culture

A culture that emphasizes personal achievements and individual rights over collective goals and community well-being.

Organizational Metaphors

Conceptual frameworks that provide insight into the functioning of organizations by likening them to other entities or phenomena.

Organizational Culture

The shared values, beliefs, and practices that characterize an organization and influence its behavior.