USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

question 89

Multiple Choice

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
Consider the following information on put and call options for a common stock.

-Refer to Exhibit 16.7. Calculate the net value of a protective put position at an expiration stock price of $20.

• A) $2.85
• B) $17.15
• C) $19.85
• D) $21.65
• E) $22.85

---

Definitions:

Social Media

Platforms and technologies that enable users to create, share content, and participate in social networking on the internet.

Human Resources Information System (HRIS)

A comprehensive across-the-board software system for HRM that includes subsystems or modules.

Common Database

A shared, centralized repository of data accessible to multiple users or systems.

Relational Databases

A kind of database designed to store and allow access to data points that have relationships with each other.