Using the Data for the Problem, Assume That You Entered

question 23

Multiple Choice

Using the data for the problem, assume that you entered into an option with Goldman Sachs for one contract worth £75,000 at a premium of $.0325, a strike price of 155 and a brokerage fee of $25 to get into the option and also to exercise the option. Would you exercise the option?

• A) yes.
• B) no
• C) It depends on the June 1 spot rate.
• D) This is not an appropriate situation for an option.

---

Definitions:

Resilient Entrepreneurs

Business individuals who have the ability to withstand, adapt to, and recover from adversity or failure.

Interdependence

The mutual reliance between two or more groups, persons, or systems, often found within organizational or ecological contexts.

Consciousness

The state of being aware of and able to think about one's own existence, sensations, thoughts, surroundings, and experiences.

Neoliberalism

A political-economic philosophy advocating for free markets, deregulation, and reduction in government spending in social services.