The best and most correct answer among the choices provided by your question is the third choice or letter C.
A mortgage<span> is a debt instrument, secured by the collateral of specified real estate property, that the borrower is obliged to pay back with a predetermined set of payments.</span>Mortgages<span> are used by individuals and businesses to make large real estate purchases without paying the entire value of the purchase up front.</span>
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Current ratio is a mathematical formulas which make use of a company's financial information for comparison purposes
<h3>What is current ratio?</h3>
The current ratio is the one that measures a company's ability to cover its short-term obligations with its current assets. It indicate whether or not a company is able to meet its short term financial obligations.
Current ratio is computed by dividing the current asset over current liability. It compare a company's financial information.
Hence, indicators created by mathematical formulas using a company's financial information for comparison purposes are called current ratio.
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Answer:
A) $1,000 gain
Explanation:
When a client buys a straddle, he is purchasing a call and a put option on the same stock with the same strike price and expiration date.
this client bought 5 ABC Jan 30 calls and 5 ABC Jan 30 puts:
each contract was worth $700 (= $3,500 / 5 contracts)
If the price of the stock fall below $30, the call option will not be taken, but the put option will be enforced. Since the value of the stock is $21, this means that the put option resulted in a $900 profit (= ($30 - $21) x 100).
The client paid $700 for each option, therefore his profit per option = $900 - $700 = $200
His total profit = $200 x 5 options = $1,000
