Find a Solution for the Equation

question 121

Multiple Choice

Find a solution for the equation. Assume that all angles are acute angles.
-sec ϴ = csc(ϴ + 46°)

• A)23°
• B)67°
• C)22°
• D)68°

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Definitions:

Option Contract

A contract which gives the buyer the right, but not the obligation, to buy or sell an underlying asset at a set price on or before a particular date.

Option Premium

The price paid for the right to buy or sell an underlying financial instrument at a specified strike price until the option expires.

Underlying Asset

An asset that determines the value of a financial derivative, such as options or futures.

Put Option

A financial contract giving the buyer the right, but not the obligation, to sell an underlying asset or security at a specified price within a defined time period.