Suppose That a Stock Sells at a Price of $50

question 74

Multiple Choice

Suppose that a stock sells at a price of $50 on the expiration date. Compute the price of a put option if the option strike price is $80.

• A) $20
• B) $30
• C) $40
• D) $50

---

Definitions:

Cortisol

A hormone made in the adrenal glands, typically secreted when experiencing stress or when blood sugar levels are low.

Hippocampus

A part of the brain located in the temporal lobe, crucial for memory formation and spatial navigation.

Adrenal Cortex

The outer part of the adrenal gland that secretes steroid hormones which regulate metabolism, the immune system, and salt and water balance.

Bertha Pappenheim

A key figure in the history of mental health treatment, known as the famous case "Anna O." in the early studies of psychoanalysis.