A Stock Is Currently Priced at $90

question 83

Multiple Choice

A stock is currently priced at $90. A put option with a delta of-0.45 has a price of $6.15. If the stock price decreases $0.80, what is the new price of the put?

• A) $5.79
• B) $6.51
• C) $5.35
• D) $6.95
• E) $6.74

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Definitions:

Hypertension

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Statistical Significance

a mathematical measure that indicates whether the results of a study are likely not due to chance at a specified level of probability.

Catastrophic Thinking

Catastrophic thinking is an irrational thought process whereby an individual believes that something is far worse than it actually is; it can pertain to obsessing over possible worst-case scenarios.

Personality-Disordered

Relates to individuals who have enduring patterns of behavior, thinking, and experiencing emotions that deviate from cultural expectations and cause distress or impairment.