Which of the Following Is True

question 13

Multiple Choice

Which of the following is true?

• A)A futures option is settled daily
• B)A futures-style option is settled daily
• C)Both a futures option and a futures-style option are settled daily
• D)Neither a futures option nor a futures-style option is settled daily

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Definitions:

\(3y\)

An algebraic expression representing thrice the variable y.

\(z\)

Often used to represent a complex number in the form of \(z = a + bi\), where \(a\) and \(b\) are real numbers and \(i\) is the imaginary unit.

Coefficient

A coefficient is a numerical or constant quantity placed before and multiplying the variable in an algebraic expression (e.g., 4 in 4x).

Binomial

A polynomial with exactly two terms.