You Own 300 Shares of Stock Which You Would Like

question 27

Multiple Choice

You own 300 shares of stock which you would like to have the right to sell at $40 a share.The 40 call option is quoted at $0.35 bid,$0.40 ask.The 40 put is quoted at $0.45 bid,$0.50 ask.How much will it cost you to obtain the right to sell all of your shares at $40 a share?

• A) $135
• B) $50
• C) $150
• D) $105
• E) $75

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Definitions:

Threatening

The act of expressing an intention to inflict pain, injury, damage, or other hostile action on someone in retribution for something done or not done.

Cancer Risk

The probability or likelihood that an individual will develop cancer over a certain period of time.

Depression and Stress

psychological conditions where depression involves persistent feelings of sadness and loss of interest, while stress involves feelings of strain and pressure.

Emotional States

Various types of feelings that influence behavior, including happiness, anger, sadness, and fear.