Peyton Is Able to Throw and Kick a Ball

question 293

Multiple Choice

Peyton is able to throw and kick a ball. He can also run without falling down most of the time. If he is a typical child, Peyton first was able to exhibit these skills when he was:

• A) five years old.
• B) four years old.
• C) three years old.
• D) two years old.

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Definitions:

Exercise Price

The exact price at which an option's holder is allowed to purchase (for a call option) or sell (for a put option) the asset underlying the option.

Stock Price

The amount of money it would cost to purchase one share of a company; determined by supply and demand in the market.

Strike Price

The predetermined price at which the holder of an option can buy or sell the underlying asset.

Call Option

A financial contract giving the buyer the right, but not the obligation, to purchase a stock, bond, commodity, or other asset at a specified price within a specific time frame.