The Formula Gives the Number, N, of Football Games

question 108

Multiple Choice

The formula gives the number, N, of football games that must be scheduled in a league with t teams if each team is to play every other team once. How many teams are in a league that schedules 55 games in such a way that each team plays every other team once?

• A) 15
• B) 9
• C) 11
• D) 10
• E) 13

---

Definitions:

Repriced Option

An option whose terms, specifically the strike price, have been adjusted, typically to make the options more favorable for the holder following declines in the market price of the underlying asset.

Vesting Period

The time period over which an employee gains ownership of employer-provided stock or benefits, encouraging long-term commitment.

Equity-settled

Equity-settled refers to a type of transaction, often in the context of share-based compensation, where a company fulfills its obligation by issuing equity instruments to the counterparties.