With the Price of the Stock at $60 Per Share,a

question 3

Essay

With the price of the stock at $60 per share,a put option is purchased with an exercise price of $58 per share.The option is exercised after the stock is purchased at $52 per share and results in a gain of 50 percent.What was the price of the option? Ignore taxes and brokerage commissions.
(a)$400
(b)$600
(c)$300
(d)$200

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Definitions:

Dissociative Fugue

A rare psychiatric disorder characterized by reversible amnesia for personal identity, including the memories, personality, and other identifying characteristics of individuality.

Debriefing

A process of conversational exchange, often following an event or activity, to review outcomes and experiences.

Pros And Cons

The advantages and disadvantages associated with a particular decision, action, or policy.

Distinct Personalities

Unique and separate identity states within the same individual, characteristic of dissociative identity disorder.