You Pay $3

question 1

Multiple Choice

You pay $3.25 for a call option on Luther Industries that expires in three months with a strike price of $40.00.Three months later,at expiration,Luther Industries is trading at $41.00 per share.Your profit per share on this transaction is closest to:

• A)-$1.00.
• B)$1.00.
• C)-$2.25.
• D)$2.25.

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Definitions:

Power

Refers to the capacity or ability to direct or influence the behavior of others or the course of events.

Influence Tactics

Strategies or methods used by individuals to persuade or direct others' behaviors and decision-making in a desired manner.

Immediate Outcome

The direct and initial result of an action or event, occurring as a direct consequence of that action or event.

Delayed Outcome

A result or effect that does not manifest immediately after the initiating action, but appears after a certain period of time.