What Is 0205^2/3,expressed to the Proper Number of Significant Figures

question 29

Multiple Choice

What is 0.205^2/3,expressed to the proper number of significant figures?

• A) 0.348
• B) 0.35
• C) 0.3
• D) 0.3477

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Definitions:

Strike Price

The fixed price at which an options contract may be purchased or sold upon its exercise.

Present Value

The current worth of a future sum of money or stream of cash flows given a specified rate of return.

Future Value

The amount of money an investment is expected to grow to over a period of time, assuming a particular interest or growth rate.

Volatility

Refers to the degree of variation of a trading price series over time as measured by the standard deviation of returns.