The Potential Seventh Mass Extinction Refers to ____

question 61

Multiple Choice

The potential seventh mass extinction refers to ____.

• A) the loss of 50% of species on Earth, including dinosaurs, at the end of the Cretaceous
• B) the most extensive loss of species that occurred during the Permian
• C) what will happen to the human species if a nuclear war occurs
• D) the rapid loss of biodiversity due to human degradation of the environment
• E) events that occurred just before insects diversified on land

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Definitions:

Put Option

A financial contract that gives the buyer the right, but not the obligation, to sell an asset at a specified price within a specific time period.

Vega

The response of option price to a change in the standard deviation of the underlying asset.

Option's Price

The price at which a specific derivative contract can be exercised, determined by factors like the underlying asset's price, time to expiration, and volatility.

Volatility

The rate at which the price of a security increases or decreases for a given set of returns.