For Puts and Calls, the Exercise Price Is Called

question 14

Multiple Choice

For puts and calls, the exercise price is called

• A) the market price.
• B) the expected value.
• C) the strike price.
• D) the option price.

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Definitions:

Savanna

A tropical grassland containing scattered trees; found in areas of low rainfall or seasonal rainfall with prolonged dry periods.

Tundra

(tundra) A treeless biome between the boreal forest in the south and the polar ice cap in the north that consists of boggy plains covered by lichens and small plants. Also called arctic tundra. Compare with alpine tundra.

Temperate Desert

A type of desert found in temperate climates, characterized by relatively low temperatures compared to tropical deserts.

Climax Community

The final, stable community in succession that remains relatively unchanged until disrupted by an event like fire or human interference.