Evaluate the Given Binomial Coefficient $\left( \begin{array} { l } 8 \\ 4 \end{array} \right)$

question 210

Multiple Choice

Evaluate the given binomial coefficient.
- $\left( \begin{array} { l } 8 \\ 4 \end{array} \right)$

• A) 70
• B) 140
• C) 1680
• D) 35

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Definitions:

Common Stock

Equity ownership in a corporation, giving holders voting rights and a residual claim on corporate earnings via dividends.

Option's Value

The intrinsic and time value associated with an options contract, determining its worth on the market.

Option

A financial derivative that provides the buyer the right, but not the obligation, to buy or sell an asset at an agreed-upon price within a certain period.

Lower Bound

The minimum level that an economic or financial variable can achieve, often used in the context of interest rates.