You Own Both a May 20 Call and a May

question 64

Multiple Choice

You own both a May 20 call and a May 20 put.If the call finishes in the money,then the put will:

• A)also finish in the money.
• B)finish at the money.
• C)finish out of the money.
• D)either finish at the money or in the money.
• E)either finish at the money or out of the money.

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Definitions:

Required

Something that is obligatory or necessary based on laws, regulations, or social norms.

Professionalization

The process of developing or elevating an occupation to a higher status by establishing professional standards, education requirements, and a code of ethics.

Social Exclusion

The process through which individuals or groups are systematically blocked from rights, opportunities, and resources that are normally available to members of society.

Occupation Demand

refers to the need or requirement for specific types of jobs in the market, influenced by economic, technological, and social factors.