<1>. What is the break-even point at expiry of a short 12,000 Hang Seng Index (HSI) call option if the premium is 60 points? 11,940 points. 12,000 points. C В 12,060 points. 12,160 points.

Essentials Of Investments
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Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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<1>.
What is the break-even point at expiry of a short 12,000 Hang Seng Index (HSI) call
option if the premium is 60 points?
11,940 points.
12,000 points.
12,060 points.
12,160 points.
A
What are derivative warrants?
Call options over shares to be issued by the underlying company at some time in
the future.
Either call or put options issued by a bank over existing shares.
Either call or put options issued by the underlying company over existing
shares.
B
Similar to options but requiring physical delivery.
What does the trader expect the market price to do if he/she has bought an
Cong Inder call option AND sold a Mini-Hang Seng Index
<3>.
Transcribed Image Text:4 / 15 150% + <1>. What is the break-even point at expiry of a short 12,000 Hang Seng Index (HSI) call option if the premium is 60 points? 11,940 points. 12,000 points. 12,060 points. 12,160 points. A What are derivative warrants? Call options over shares to be issued by the underlying company at some time in the future. Either call or put options issued by a bank over existing shares. Either call or put options issued by the underlying company over existing shares. B Similar to options but requiring physical delivery. What does the trader expect the market price to do if he/she has bought an Cong Inder call option AND sold a Mini-Hang Seng Index <3>.
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