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Assume That You Purchased Shares of a Stock at a Price

question 69

Multiple Choice

Assume that you purchased shares of a stock at a price of $35 per share.At this time you wrote a call option with a $35 strike and received a call price of $2.The stock currently trades at $70.Calculate the dollar return on this option strategy.

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Definitions:

Constructive Conflict Management

An approach to handling disputes that seeks to find positive or productive outcomes, improving relationships and understanding among parties involved.

Accountable Style

A method of leadership or management where individuals are responsible for their actions and decisions, often involving transparent reporting and feedback mechanisms.

Human And Business Needs

The essential requirements necessary for both individuals and organizations to achieve their goals and maintain well-being.

Career Advancement

The process of moving forward or upward in one's professional life, often through promotions or acquiring new skills.

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