How Can Simulation Applications Be Used as an Educational Resource

question 9

Multiple Choice

How can simulation applications be used as an educational resource?

• A)They can help students see the consequence of decisions and the interaction among elements of a system.
• B)They focus on helping students develop fluency with basic skills.
• C)They present information in an engaging and visually stimulating way.
• D)They offer both skill development and knowledge acquisition.

---

Definitions:

American Call Option

A type of call option that can be exercised at any time up to the expiration date, giving the holder the right to buy the underlying security at the strike price.

Exercise Price

The cost at which an option's holder has the right to purchase or sell the asset underlying the option.

Expiration Date

The last day on which an option or derivative contract is valid, after which it either becomes worthless or is automatically settled.

American Put Option

A derivative security that gives the holder the right, but not the obligation, to sell a specified quantity of an underlying asset at a set price within a specified time.