Bill Henricksen,purchased a Put Option on Cycle Inc

question 47

Multiple Choice

Bill Henricksen,purchased a put option on Cycle Inc.for $4.The put option has a strike price of $40 and currently Cycle Inc.shares trade for $44.The expiration date of the option is 6 months from today.What is Henricksen's maximum gain on his put option?

• A) $4
• B) $36
• C) $40
• D) $44

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Definitions:

Capitalism

An economic model where capital goods are owned by individuals or corporations, with investments made based on personal choices, and where the pricing, creation, and distribution of products are primarily influenced by competitive forces in an unregulated market.

Ideological Control

The methods by which dominant groups maintain power through the dissemination and embedding of their values and beliefs into the fabric of society.

Feminist Theories

A range of theoretical perspectives that seek to understand the nature of gender inequality, advocating for women's rights, interests, and issues.

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Individuals or groups who are considered to have the same status in society, without significant differences in power, wealth, or rights.