1) The payoff diagram from a combination of a put bought and a call sold most resembles: a. stock long b. stock short c. a call bought

d. a put written e. a call bought and a put sold

2) A lends a share of GM stock to B, who sells it to C, C then lends it to D, who sells it to E. Who has the right to vote in GM's shareholders' meetings? a. A

b. B

c. C

d. D

e. E