Use the Following Information to Answer the Question(s)below

question 22

Multiple Choice

Use the following information to answer the question(s) below.
Galt Industries is trading for $20 per share and has 25 million shares outstanding.Galt Industries has a debt-equity ratio of 0.4 and its debt is zero coupon debt with a ten-year maturity and a yield to maturity of 8%.
-In describing Galt's equity as a call option,the maturity of this option is:

• A)5 years.
• B)10 years.
• C)20 years.
• D)infinite.

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Definitions:

Taste Sensation

Taste sensation is the ability to perceive and differentiate the basic tastes: sweet, sour, salty, bitter, and umami, through the taste buds on the tongue.

Infants

Young children from birth to one year of age, characterized by rapid physical and cognitive development.

Sweet

A taste sensation often associated with sugar and characterized by a pleasurable flavor.

Operant Conditioning

A method of learning that occurs through rewards and punishments for behavior, emphasizing the effects of external stimuli on subsequent behavior.