Which of the Following Statements Is CORRECT

question 23

Multiple Choice

Which of the following statements is CORRECT?

• A) Put options give investors the right to buy a stock at a certain exercise price before a specified date.
• B) Call options give investors the right to sell a stock at a certain exercise price before a specified date.
• C) Options typically sell for less than their exercise value.
• D) LEAPS are very short-term options that have begun trading on the exchanges in recent years.
• E) Option holders are not entitled to receive dividends unless they choose to exercise their option.

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Definitions:

Celiac Trunk

A major artery originating from the abdominal aorta that supplies blood to the stomach, spleen, liver, and other organs of the upper abdomen.

Pulmonary Trunk

A major blood vessel that carries blood from the heart to the lungs for oxygenation.

Abdominal Aorta

The portion of the aorta that passes through the abdomen, supplying blood to the abdominal organs.

External Iliac Artery

A major artery that supplies blood to the lower limbs, originating from the common iliac artery and continuing as the femoral artery.