A Stock Has a Spot Price of $55

question 13

Multiple Choice

A stock has a spot price of $55. Its May options are about to expire. One of its puts is worth $5 and one of its calls is worth $10. The exercise price of the put must be ________ and the exercise price of the call must be ________.

• A)$50; $45
• B)$55; $55
• C)$60; $45
• D)$60; $50
• E)One cannot tell from the information given.

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Definitions:

Active Resistance

The deliberate and overt refusal to comply with or accept certain conditions, actions, or demands.

Change Management

The approach to transitioning individuals, teams, and organizations to a desired future state.

Political Support

The backing or endorsement by political figures, parties, or entities, often crucial for gaining legitimation, resources, or favorable conditions.

Transition Management

The process of guiding individuals, teams, or organizations through a series of changes, from one state to another to achieve desired outcomes.