USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

question 85

Multiple Choice

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

-Refer to Exhibit 16.8. If XYZ were trading at $90/share and you formed a bull money spread, what is your profit if XYZ is trading at $110 at expiration?

• A) $912.50 loss
• B) $87.50 gain
• C) $87.50 loss
• D) $1,000.00 gain
• E) $1,000.00 loss

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Definitions:

Neutrons

Electrically neutral subatomic particles found in the nucleus of an atom, contributing to the atom's mass but not its charge.

Isotope

Variants of a particular chemical element which differ in neutron number, and subsequently in mass, but share the same number of protons.

Protons

Subatomic particles found in the nucleus of every atom, possessing a positive electric charge.

V

Commonly known as the symbol for vanadium, a chemical element with atomic number 23, recognized for its corrosion resistance and various applications in alloys.