You Purchase a Stock at $75 and Simultaneously Purchase a Put

question 32

Multiple Choice

You purchase a stock at $75 and simultaneously purchase a put with a $75 strike price and a premium of $2.63. What is your profit per share on this transaction if the stock price at expiration is $68.46?

• A) -$6.54
• B) $3.91
• C) -$9.17
• D) -$3.91
• E) -$2.63

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Definitions:

Leader's Influence

The impact a leader has on shaping the behavior, attitudes, and performance of others.

Societal Cultural Values

The beliefs, principles, and moral standards shared by people in a particular society that guide behavior and practices.

Organizational Culture

A system of shared assumptions, values, and beliefs, which governs how people behave in organizations, shaping their behavior and understanding of their roles.

GLOBE Project

A research initiative that examines the impact of culture on leadership effectiveness and organizational practices across different countries.