Use the Figure for the Question Below

question 87

Multiple Choice

Use the figure for the question below.
-You have shorted a call option on WSJ stock with a strike price of $50. The option will expire in exactly six months. If the stock is trading at $60 in three months, what will you owe for each share in the contract?

• A) $0
• B) $60
• C) $50
• D) $10

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Definitions:

Donors

Individuals who provide blood, organs, tissues, or other biological materials for medical purposes.

Acid-Base Balance

The mechanism that the human body uses to maintain a stable pH level in its fluids and tissues.

Respiratory Mechanisms

The physiological processes involved in the intake of oxygen and the release of carbon dioxide from the body.

Renal Mechanisms

The processes and functions carried out by the kidneys to regulate body fluids, electrolytes, and waste product removal.