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 44

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 payoffs of a long straddle 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

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Definitions:

Feminist Intervention

Therapeutic or social action approaches that focus on addressing and changing inequalities, particularly gender-based, to empower individuals.

Socioeconomic Equality

The state of equal access to wealth, opportunities, and privileges within a society, regardless of social class or economic status.

Legal Equality

The principle under which all individuals are subject to the same laws, with no individual or group having special legal privileges.

Feminist Perspective

An analytical framework that explores the inequalities between genders and advocates for equality and women's rights.