If, for a $1000 premium, you buy a $100,000 put option on bond futures with a strike price of 110, and at the expiration date the price is 114, your ________ is ________
A) profit; $1000
B) loss; $1000
C) profit; $3000
D) loss; $3000
B
Economics
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Corrective taxes cause deadweight losses, reducing economic efficiency
a. True b. False Indicate whether the statement is true or false
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Tracy quits her job, which pays $25,000 a year, to finish her college degree. Her annual college expenses are $12,000 for tuition and fees and $1,000 for books. What is her opportunity cost of attending college for the year?
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Complements
What will be an ideal response?
Economics