USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

question 42

Multiple Choice

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

-Refer to Exhibit 16.8. If you establish a long straddle using the options with a 95 exercise price, what is your dollar gain or loss if at expiration XYZ is still trading at 101 11/16?

• A) $668.75 gain
• B) $668.75 loss
• C) $94.56 gain
• D) $94.56 loss
• E) $81.25 loss

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Trial Notebook

A comprehensive compilation of documents, notes, and information organized by attorneys to use during a trial.

Pretrial Motions

Legal documents filed by parties in a lawsuit before the trial begins, requesting the court to make a decision on certain issues.

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Trial Notebook

A comprehensive collection of documents and notes organized by an attorney for use during a trial.