You Purchase a Put Option on Swiss Francs for a Premium

question 126

Multiple Choice

You purchase a put option on Swiss francs for a premium of $.02, with an exercise price of $.61. The option will not be exercised until the expiration date, if at all. If the spot rate on the expiration date is $.58, your net profit per unit is:

• A) -$.03.
• B) -$.02.
• C) -$.01.
• D) $.02.
• E) none of the above

Comprehend the influence of globalization on organizations and its implications for strategy.

Evaluate the effectiveness of various organizational structures in response to dynamic market and technological conditions.

Understand the significance of social networking on communication, job search, and group formation within professional contexts.

Learn the importance of adaptability and flexibility in gaining a competitive edge.

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Definitions:

Avoidant-Insecurely Attached

A type of attachment style where individuals tend to maintain their distance from others and have difficulty in establishing close emotional relationships.

Anxious Ambivalent-Insecurely Attached

A type of attachment style characterized by strong emotional ties coupled with anxiety, fear of rejection, and feelings of unworthiness in relationships.

Securely Attached

An attachment category describing babies who typically show distress on separation from the mother in the strange situation test, but who greet her happily on her return, usually seeking comfort by reaching to be picked up. Once reassured, they tend to return to exploring. In Bartholomew’s description of adult attachment categories, describes individuals who expect others to be available and supportive of their needs in close relationships, who are comfortable with emotional closeness, but are also reasonably autonomous.

Self-Concept

An individual's perception of themselves, including beliefs, feelings, and thoughts about one's abilities, appearance, and values.