In Terms of the Diffusion of Innovation, Laggards Account for ________

question 24

Multiple Choice

In terms of the diffusion of innovation, laggards account for ________ percent of product adopters.

• A) 2.5
• B) 13.5
• C) 16
• D) 34
• E) 50

---

Definitions:

Long Put Option

A financial derivative strategy that gives the holder the right, but not the obligation, to sell a specific amount of an underlying asset at a predetermined price within a specified timeframe.

Binomial Option Model

A mathematical model used to price options by breaking down the time to expiration into potentially infinite segments or steps.

Subintervals

Divisions within a larger interval, often used in mathematics to partition an interval into smaller segments.

Implied Volatility

The predicted future movement in a security's price as inferred from the pricing of its options in the market.