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NEW QUESTION: 1
Which of the following is the final document in the audit trail?
A. Receipt
B. Purchase order
C. Invoice
D. Credit note
Answer: A
NEW QUESTION: 2
HOTSPOT
Answer:
Explanation:
NEW QUESTION: 3
Section C (4 Mark)
Mr. XYZ sells a Nifty Put option with a strike price of Rs. 4000 at a premium of Rs. 21.45 and buys a further OTM Nifty Put option with a strike price Rs. 3800 at a premium of Rs. 3.00 when the current Nifty is at
4191.10, with both options expiring on 31st July.
What would be the Net Payoff of the Strategy?
* If Nifty closes at 3287
* If Nifty closes at 4925
A. 25.05 and 154.25
B. -181.55 and 18.45
C. -35.05 and 164.95
D. 145.95 and -75.05
Answer: B