Suppose You Purchase a Call Option for $5 and a Strike

question 16

Multiple Choice

Suppose you purchase a call option for $5 and a strike price of $20.On the expiration day,the price of the stock is $30.What is the return on the call option if you hold your position until maturity?

• A)25%
• B)50%
• C)75%
• D)100%
• E)0%

Understand the role of trust and relationships in sales.

Realize the importance of problem-solving and creativity in sales strategy.

Recognize the varied needs of business-to-business buyers.

Identify the principles of professional selling and the value of strategic customer relationships.

---

Definitions:

Evolutionary Artifacts

Physical or cultural remnants from the past that have been shaped by evolutionary processes and may still influence modern human behavior or society.

Decision-Making

The act of choosing between two or more courses of action in situations of uncertainty or complexity.

Deliberate Attitudes

Consciously formed evaluations or opinions about people, objects, or concepts, often reflecting one's beliefs and values.

Reflective Responses

These are thoughtful and considered reactions or answers to stimuli or events, often requiring self-awareness and evaluation.