Use the Figure for the Question(s)below

question 20

Multiple Choice

Use the figure for the question(s) below.
-You pay $4.75 for a call option on Vartan Industries that expires in six months with an exercise price of $45.00. Six months later, at expiration, Vartan Industries is trading at $47.00 per share. Your profit per share on this transaction is closest to:

• A)-$2.75.
• B)$1.50.
• C)-$1.50.
• D)$2.75.

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Definitions:

Equity Comparisons

An assessment or evaluation based on the fairness of compensation, recognition, or workload distribution among peers or within organizations.

Restore Equity

The process of adjusting the balance of fairness within an organization or relationship, often in response to perceived inequities.

Quantity of Work

The amount of work produced or completed within a certain timeframe.

Quality of Work

Quality of work refers to the degree to which a job or task is performed with excellence, accuracy, and thoroughness.