Series-7 Exam Dumps | Bubba is long spot Canadian dollars at 0.7400. If he wants to buy one put option on Canadian dollars

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Question 21/390

Bubba is long spot Canadian dollars at 0.7400. If he wants to buy one put option on Canadian dollars with a strike price of 74 and a cost of $0.35, what is Bubba's breakeven price for Canadian dollars?

A. 0.4900

B. 0.7365

C. 0.7400

D. 0.7435

Question List (390q): Question 1: Which of the following are sources of funding for limited pa...; Question 2: The Bubba Corporation is offering stock to the public for th...; Question 3: Which of the following sources provides news of prospective ...; Question 4: Which of the following types of investment companies pays ou...; Question 5: Which of the following option positions is indicative of the...; Question 6: The net investment income of an open-end investment company ...; Question 7: Which of the following statements incorrectly describes US s...; Question 8: For a self-employed individual's retirement plan, ERISA perm...; Question 9: Which of the following is a benefit of Section 8 low-income ...; Question 10: Municipal bond brokers generally conduct the following:...; Question 11: An option that permits the holder to exercise the contract o...; Question 12: Under what circumstances may a municipal securities dealer g...; Question 13: When a corporation dissolves, who gets paid first?...; Question 14: A wealth investor gives Bubba discretion to invest $50,000 f...; Question 15: Which of the following is identified as a funded debt instru...; Question 16: The Securities Act of 1933 provides for:...; Question 17: Bubba has a short margin account with a short market value o...; Question 18: Bubba buys an OTC stock from a firm that is a market -maker ...; Question 19: A market-maker has purchased a particular stock over a perio...; Question 20: Bubba has several accounts at a brokerage firm. 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