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NEW QUESTION: 1
In early September, Bubba buys 100 shares of XYZ for $83 per share and simultaneously writes one XYZ
March 90 call for $4. What is the price for XYZ stock at which Bubba will breakeven?
A. $79
B. $87
C. $94
D. $86
Answer: A
Explanation:
$79. Bubba's breakeven is his cost of the stock less the premium he received ($83 - $4).

NEW QUESTION: 2
What does a company with a restrictive current asset investment strategy typically have?
A. High financing costs
B. High inventory levels
C. Low tax liabilities
D. Low accounts receivable balances
Answer: D

NEW QUESTION: 3
What is the relationship between a client's paid result (an advertisement) and a client's organic search result?
A. When organic search results are good (on the first page of results), the corresponding advertisement will cost less to display.
B. The better the organic search result, the higher the ad will be posted in order of paid results.
C. The higher the budget for the paid result (the advertisement), the higher the organic search result would be.
D. There is no correlation between paid results (the advertisements) and organic search results.
Answer: D

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