You Purchased Six Put Option Contracts with a Strike Price

question 34

Multiple Choice

You purchased six put option contracts with a strike price of $45 and a premium of $1.10. What is the total net amount you will receive for your shares if you exercise this contract when the underlying stock is selling for $42.90 a share?

• A)$23,660
• B)$24,700
• C)$25,740
• D)$26,340
• E)$26,400

Recognize the utility and limitations of scientific tools and models in reconstructing evolutionary histories.

Understand the concept of genetic variation and its sources.

Grasp the definition and principles of species and speciation.

Comprehend the structure and function of DNA, including its role in genetics and protein synthesis.

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Definitions:

Benjamin Banneker

An African American almanac author, surveyor, naturalist, and farmer known for his contributions to the planning of Washington, D.C., and his vocal opposition to slavery.

Literary Genre

A category of literary composition characterized by a particular style, form, or content, such as novel, poetry, or drama.

Almanacs

Annual publications that include information such as weather forecasts, farmers' planting dates, and various statistics and articles on a wide range of topics.

Federalist Sympathy

Refers to the support or alignment with Federalist principles, including a strong central government and support for commerce and industry, primarily in the early United States.