Alicia Owns 600 Shares of Danube Stock

question 28

Multiple Choice

Alicia owns 600 shares of Danube stock. She thinks the market price will continue to rise but would like to ensure that she can get at least $47.50 a share should she decide to sell her shares. The 47.50 call option is quoted at $1.15 bid, $1.20 ask. The 47.50 put is quoted at $0.90 bid, $0.95 ask. How much will it cost her to ensure that she can sell all of her shares for at least $47.50 each?

• A) $805
• B) $840
• C) $570
• D) $630
• E) $690

---

Definitions:

Mental Disorder

A condition involving changes in thinking, emotion, or behavior (or a combination of these) that are associated with distress and/or impaired functioning.

Beneficial Treatment

Therapeutic interventions that positively impact the health or wellbeing of a patient, often evidenced by clinical outcomes.

Sex-Offender Laws

Legislation designed to protect the public from individuals convicted of sexual crimes, often involving registration, public notification, and restrictions on activities and living arrangements.

Emphasis Of Concern

The primary focus or priority given to a particular issue or matter of interest.