USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

question 4

Multiple Choice

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

-Refer to Exhibit 16.1. If the spot rate at expiration is $0.85 and the put option was purchased, what is the dollar gain or loss?

• A) $340 loss
• B) $125 gain
• C) $750 gain
• D) $750 loss
• E) $200 loss

---

Definitions:

Trisomy

A genetic condition characterized by the presence of an extra chromosome in an organism's cells, causing developmental abnormalities.

Monosomy

A chromosomal condition characterized by the absence of one chromosome from the normal diploid number of a species, leading to genetic disorders.

Sex Chromosomes

Chromosomes that determine the sex of an organism, with common configurations being XY for male and XX for female in humans.

Sex-linked Gene

A gene located on a sex chromosome (commonly the X chromosome), which often leads to the expression of traits differing between sexes.