USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

question 28

Multiple Choice

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
GE Corporation has a put option selling for $2.90 and a call option selling for $1.95, both with a strike price of $29.00.
-Refer to Exhibit 16.6. What would the net value of a covered call position be if the stock price at expiration is $35?

• A) $29.00
• B) $30.65
• C) $33.55
• D) $36.00
• E) $36.65

---

Definitions:

Heart Attacks

A medical condition caused by the blockage of blood flow to the heart muscle, often resulting in chest pain and potentially fatal if not treated promptly.

Stroke

A medical emergency involving the interruption of blood supply to a part of the brain, causing cell damage and possibly resulting in loss of functions.

Carbohydrates

Organic substances such as sugars, starches, and fibers, which are vital energy sources in our diet.

Inorganic Compounds

Chemical substances that do not contain both carbon and hydrogen, exhibiting a wide range of physical and chemical properties.