Use the Table for the Question(s)below

question 11

Essay

Use the table for the question(s)below.
Consider the following information on options from the CBOE for Merck:
-You have decided to sell (write)5 January 2009 put options on Merck with an exercise price of $45 per share.How much money will you receive and are these contracts in or out of the money?

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Definitions:

Restorative Justice

Justice defined by restoring the social order. It seeks to repair social connections and establish peace between parties rather than focus on punishment of the offenders, through truth-telling, public acknowledgement, and reparations to the victims.

Destructive Reactions

Behaviors or responses that cause harm, damage, or negative outcomes, often arising impulsively or from stressful situations.

Healing

The process of restoring health and wellness, whether physically, emotionally, psychologically, or spiritually, often following illness or injury.

Nazis

The members of the National Socialist German Workers' Party, led by Adolf Hitler, responsible for numerous atrocities during World War II.