Calls on the King Co

question 1

Multiple Choice

Calls on the King Co. closed trading at 2 5/8. You bought 3 call contracts at the close. The cost of 3 call options were:

• A) $2.6255 plus brokerage fees, etc.
• B) $7.875 plus brokerage fees, etc.
• C) $262.50 plus brokerage fees, etc.
• D) $787.50 plus brokerage fees, etc.

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Definitions:

Flexible Conditions

Situations or environments that can easily adapt or adjust to changing circumstances or requirements without significant disruption.

Environmental Demand

Represents the pressures and requirements placed on an organization or individual by environmental factors, including natural, social, and regulatory aspects.

Organic Design

An organizational structure that is flexible and adaptable, often characterized by less formal rules and decentralized decision-making.

Horizontal Structure

An organizational design focusing on teamwork and collaboration rather than hierarchy, often with few or no levels of middle management.