The Writer Who Faded to Obscurity in the Nineteenth Century

question 73

Multiple Choice

The writer who faded to obscurity in the nineteenth century but was recognized as one of America's greatest literary geniuses in the twentieth century and wrote the masterpiece work of fiction, Moby Dick, was  

• A) Nathaniel Hawthorne.
• B) Henry David Thoreau.
• C) Henry Wadsworth Longfellow.
• D) Herman Melville.
• E) Walt Whitman.

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Definitions:

Striking Price

Also known as the exercise price, it is the price at which the holder of an option can buy (call) or sell (put) the underlying asset.

Option Contract

A financial contract giving the buyer the right, but not the obligation, to buy or sell an asset at a set price on or before a certain date.

Exercise Price

The specified price at which an option holder can buy (in a call option) or sell (in a put option) the underlying asset.

Leveraged Firm

A company that uses a high level of debt to finance its operations.