You Are a Speculator Who Sells a Put Option on Canadian

question 79

Multiple Choice

You are a speculator who sells a put option on Canadian dollars for a premium of $.03 per unit, with an exercise price of $.86. The option will not be exercised until the expiration date, if at all. If the spot rate of the Canadian dollar is $.78 on the expiration date, your net profit per unit is:

• A) -$.08.
• B) -$.03.
• C) $.05.
• D) $.08.
• E) none of the above

Understand and apply the formula for compounded annual growth rate (CAGR).

Evaluate investment options to determine which provides the highest future value.

Determine the time required to reach a specific financial goal.

Understand the impact of different compounding frequencies on investment growth.

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Definitions:

Diagnostic Reliability

The consistency and stability of a diagnosis over time or between different assessors.

DSM-IV-TR

The Diagnostic and Statistical Manual of Mental Disorders, Fourth Edition, Text Revision; a handbook used by healthcare professionals in the United States as an authoritative guide to diagnose mental disorders.

Patient Age

A clinical parameter indicating the chronological age of a patient, often critical in diagnosis and treatment planning.

Psychological Disorders

Mental health conditions characterized by changes in emotion, thinking, or behavior (or a combination of these), which cause distress or difficulty in functioning.