You Wrote Ten Call Option Contracts on JIG Stock with a Strike

question 65

Multiple Choice

You wrote ten call option contracts on JIG stock with a strike price of $40 and an option price of $.40. What is your net gain or loss on this investment if the price of JIG is $46.05 on the option expiration date?

• A) -$6,450
• B) -$5,650
• C) $400
• D) $5,650
• E) $6,450

Recognize the impact of environmental and lifestyle factors on carcinogenesis.

Distinguish between diseases based on key symptoms and pathological findings.

Identify viral factors contributing to carcinogenesis.

Understand the role of autoimmune responses in pathology.

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Definitions:

Investment

The action of designating capital with the intention of securing an income or a financial return.

Interest Rate

The amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets.

Economic Profit

The distinction between total sales and the aggregate of both explicit and implicit expenses for a firm.