Using 2019 as the Base Year, the 2018 Value of the Laspeyres

question 73

Multiple Choice

Using 2019 as the base year, the 2018 value of the Laspeyres Price Index is ___.

• A)69.92
• B)144.06
• C)100.21
• D)79.72
• E)99.72

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Definitions:

Days' Sales Outstanding

A financial metric that shows the average number of days it takes a company to collect payments after a sale has been made.

Exercise Value

Equal to the current price of the stock (underlying the option) less the strike price of the option.

Call Options

Financial contracts that give the option buyer the right, but not the obligation, to buy a stock, bond, commodity, or other asset at a specified price within a specific time period.

Strike Price

The price stated in the option contract at which the security can be bought (or sold). Also called the exercise price.