Exhibit 13-9
USE THE FOLLOWING INFORMATION FOR THE NEXT QUESTION(S) $\begin{array}{ccc}\text { Strike Price } & \text { Put Price } & \text { Call Price } \\\hline \$ 32.50 & \$ 2.85 & \$ 1.65\end{array}$

question 125

Multiple Choice

Exhibit 13-9
USE THE FOLLOWING INFORMATION FOR THE NEXT QUESTION(S)
Consider the following information on put and call options for Bank of Montreal
$\begin{array}{ccc}\text { Strike Price } & \text { Put Price } & \text { Call Price } \\\hline \$ 32.50 & \$ 2.85 & \$ 1.65\end{array}$
-Refer to Exhibit 13-9. Calculate the net value of a protective put position at a stock price at expiration of $20, and a stock price at expiration of $45.

• A) $6.35, $18.85
• B) $29.65, $42.15
• C) $21.65, $34.15
• D) $8, $8
• E) -$8, -$8

Understand how familiarity and perceived similarity influence attraction and relationship formation.

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Definitions:

Conversion

The unauthorized act of taking someone else's property and using or treating it as one's own, thereby infringing on the owner's rights.

Dominion

Supreme authority or control over property or territory.

Plaintiff's Consent

Agreement by a plaintiff to a course of action or condition in the context of legal proceedings.

Defamation

Defamation is the act of communicating false statements about a person that injure the reputation of that person.