Suppose That a Stock Sells at a Price of $60

question 71

Multiple Choice

Suppose that a stock sells at a price of $60 on the expiration date. Compute the payoff to the seller of a put option if the option strike price is $80.

• A) -$20
• B) -$10
• C) 0
• D) $40

---

Definitions:

Gender Differences

Variations in behaviors, preferences, and roles traditionally associated with males and females.

Adolescent Girls

Young females in the transitional stage of physical and psychological development that occurs from puberty to adulthood.

Listening Role

The function or position of paying attention to and effectively understanding someone else's verbal communication or message.

Individualistic Cultures

Societies that prioritize the needs and goals of the individual over those of the group.