You Purchased a Put with a Strike Price of $35

question 48

Multiple Choice

You purchased a put with a strike price of $35 and an option premium of $0.45. You simultaneously bought the stock at a price of $34 a share. What is your profit per share on these transactions if the stock price at expiration is $33.50?

• A) -$1.15
• B) -$0.15
• C) $0.15
• D) $0.35
• E) $0.55

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Definitions:

Personal and Professional Development

The continuous process of acquiring new skills, knowledge, and experience in both personal and professional life to enhance performance and personal growth.

GLOBE Model

is a research paradigm that investigates the relationship between societal culture, organizational culture, and leader effectiveness across the world.

Cultural Dimensions

Conceptual frameworks that describe the impact of a society’s culture on the values of its members, and how these values relate to behavior.

Collectivism Group

A societal or organizational culture that emphasizes the priority of group goals over individual goals and values interdependence among its members.