Suppose That a Share of Callidus Corp Sells at a Price

question 74

Multiple Choice

Suppose that a share of Callidus Corp sells at a price of $45 on the expiration date. Compute the payoff to the seller of a call option if the exercise price is $45.

• A)-$20
• B)$0
• C)-$50
• D)-$30

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Definitions:

Major Term

In a categorical syllogism, the term that occurs in the predicate of the conclusion.

Syllogism

An argument involving a sequence of three propositions where the first two serve as the basis for the third, demonstrating a logical relationship.

Mammals

Warm-blooded vertebrate animals characterized by the presence of mammary glands, which females use to nurse their young; also notable for having hair or fur.

Minor Premise

In a categorical syllogism, the premise in which the minor term appears.