At Contract Maturity the Value of a Put Option Is

question 58

Multiple Choice

At contract maturity the value of a put option is ________, where X equals the option's strike price and ST is the stock price at contract expiration.

• A) max (0, S_T − X)
• B) min (0, S_T − X)
• C) max (0, X − S_T)
• D) min (0, X − S_T)

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Definitions:

P-R Interval

A measurement in electrocardiography that represents the time between the onset of atrial depolarization and the onset of ventricular depolarization.

Countershock

(In cardiology) A high-intensity, short-duration, electric shock applied to the area of the heart, resulting in total cardiac depolarization.

Cardiac Depolarization

An event in the cardiac cycle where the heart's muscle cells become electrically charged, leading to muscle contraction and heartbeat.

Mechanical

Pertaining to machinery.