Jason purchased a six-month put on ABC stock at a cost of $100. The strike price was $15. At what market price does Jason just break-even on this investment? Ignore transaction costs and taxes
A) $15
B) $16
C) $14
D) cannot be determined from the information provided
Answer: C
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A) ?Revaluation reserves B) ?Provisions C) ?Capital D) ?Revaluation reserves and provisions
Kiting involves the overstatement of a bank account by transferring funds at the end of the year to another bank account and failing to record the disbursement
a. True b. False Indicate whether the statement is true or false
In negotiated transfer pricing, the buying division sets the ceiling (maximum possible transfer price) for the bargaining range
Indicate whether the statement is true or false
An exclusive distribution agreement is considered:
a. a horizontal restraint of trade. b. an illegal restraint of trade. c. an abuse of dominant market position. d. a vertical restraint of trade.