Vince, a Speculator, Expects Interest Rates to Increase and Purchases

question 42

Multiple Choice

Vince, a speculator, expects interest rates to increase and purchases a put option on Treasury bond futures with an exercise price of 95-32. The premium paid for the put option is 2-36. Just prior to the expiration date, the price of the Treasury bond futures contract is valued at 93-22. Vince exercises the option and closes out the position by purchasing an identical futures contract. Vince's net gain from this speculative strategy is $____.

• A)-406.25
• B)4,718.75
• C)-4,718.75
• D)-812.50
• E)none of the above

Recognize various forms of discrimination prohibited under federal law, including gender, race, age, and sexual orientation discrimination.

Identify the roles and functions of key regulatory bodies such as the National Labor Relations Board (NLRB) and the Equal Employment Opportunity Commission (EEOC).

Comprehend key employment laws related to polygraph testing, harassment, wages, and work hours.

Understand the legal concepts of disparate treatment and disparate impact in employment discrimination.

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