[Solved] An automobile dealer wants to construct a pie graph to represent types of cars sold in July. He sold 72 cars; 16 of which were convertibles. The convertibles will represent how many degrees in the circle? A) 60° B) 80° C) 100° D) 50° Option Contract: A financial contract that gives the holder the right, but not the obligation, to buy or sell an underlying asset at a specified price on or before a specified date. At The Money: Describes an option where the current price of the underlying asset is equal to the strike price of the option. Dramatic Decline: A rapid and significant drop in the value or price of an asset or market. Naked Strategy: A trading tactic involving the speculative purchase or sale of financial instruments without protective measures to offset potential losses.