Cell A4 Contains the Time 10:27 Pm

question 520

True/False

Cell A4 contains the time 10:27 pm.To round that time to the nearest 30-minute interval, use the formula =MROUND(A4,0:30).

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Definitions:

Exercise Price

The predetermined cost at which the owner of an option can purchase (in the case of a call option) or sell (in the case of a put option) the underlying asset or commodity.

Conversion Ratio

The number of shares an investor receives when converting a convertible security, like a convertible bond or preferred stock, into common stock.

Callable Bonds

Bonds that can be redeemed by the issuer before their maturity date at a specified price.

Call Option

A call option is a financial contract that gives the buyer the right, but not the obligation, to buy an asset at a specified price within a specific time period.