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You Pay $3

question 1

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You pay $3.25 for a call option on Luther Industries that expires in three months with a strike price of $40.00.Three months later,at expiration,Luther Industries is trading at $41.00 per share.Your profit per share on this transaction is closest to:


Definitions:

Unipolar Depression

A severe depressive condition characterized by unending sadness or a lack of engagement with surrounding stimuli.

Bipolar Depression

A phase of bipolar disorder characterized by depressive symptoms, including persistent sadness, hopelessness, and lack of interest in activities.

Dopamine Activity

The biochemical actions related to dopamine, a neurotransmitter involved in many functions including mood regulation, motivation, and reward perception.

Bipolar Disorders

Mental health conditions characterized by extreme mood swings, including emotional highs (mania or hypomania) and lows (depression).

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