Use the Table for the Question(s)below

question 11

Essay

Use the table for the question(s)below.
Consider the following information on options from the CBOE for Merck:
-You have decided to sell (write)5 January 2009 put options on Merck with an exercise price of $45 per share.How much money will you receive and are these contracts in or out of the money?

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Definitions:

Napalm

A highly flammable sticky jelly used in incendiary bombs and flamethrowers, notorious for its use in military conflicts to cause severe burns.

Strategic Hamlets

A program implemented during the Vietnam War, aiming to combat communist insurgency by relocating rural populations to fortified villages.

Shuttle Diplomacy

A negotiation method where an intermediary travels between two or more parties located in different places to prevent direct conflict and encourage dialogue.

Stagflation

An economic condition characterized by slow growth, high unemployment, and rising inflation, often occurring simultaneously.