Rounding Fields to Two Decimal Places in a Column Formatted

question 85

True/False

Rounding fields to two decimal places in a column formatted as currency formats can help you avoid potential problems when the column is totaled.

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Definitions:

Put Option

The right to sell an asset at a specified exercise price on or before a specified expiration date.

At The Money

The option’s exercise price and the price of the underlying asset are equal.

Out Of The Money

Out of the money describes an option where exercise would result in a negative cash flow. Out-of-the-money options are therefore never exercised.

In The Money

Describes an option whose exercise would produce a positive cash flow. Out of the money describes an option where exercise would result in a negative cash flow.