The Shares of Inco Are Currently Trading at $45 a Share

question 50

Multiple Choice

The shares of Inco are currently trading at $45 a share. You are thinking about buying put options on Inco expiring in two months with an exercise price of $50. Which of the following is the most likely price for these puts in the market?

• A) $2
• B) $45
• C) $7
• D) $50
• E) $5

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Definitions:

Function Effectively

The ability to operate or perform in the intended or expected manner, often achieving desired results or goals.

Organizational Chart

A diagram that visualizes the structure of an organization and shows the relationships and relative ranks of its parts and positions/jobs.

Internal Structure

The organizational framework and hierarchy within a company or entity that dictates how tasks are divided, coordinated, and overseen.

Accountability Chart

An organizational tool that maps out who is responsible for what tasks, clarifying roles and responsibilities within a business.