Billy Took the WISC IV When He Was Age 8

question 96

Multiple Choice

Billy took the WISC IV when he was age 8 and again at age 9. The correlation between these two scores is most likely to be around

• A) .20.
• B) .30.
• C) .60.
• D) .80.
• E) 1.00.

---

Definitions:

Call Premium

The amount by which the call price of a bond or other security exceeds its face value, often applicable when the security is called before maturity.

Out-of-the-money

A term used in options trading referring to an option that has no intrinsic value. For a call option, it means the stock price is below the strike price; for a put option, it means the stock price is above the strike price.

Call Option

A financial contract that gives the holder the right, but not the obligation, to buy a stock, bond, commodity, or other asset at a specified price within a specific time period.

In-the-money

Describes an option that has intrinsic value, where a call option's strike price is below the market price of the underlying asset, or a put option's strike price is above it.