Which Statement About Caves Is False

question 37

Multiple Choice

Which statement about caves is false?

• A)They form underwater.
• B)They are formed by deposition of calcium carbonate.
• C)They form naturally and are open to the surface.
• D)The majority of caves are small.
• E)They are commonly found in regions with karst topography.

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Definitions:

Portfolio Insurance

Portfolio insurance is a strategy used by investors to hedge against market downturns by dynamically adjusting exposure to equities and typically involves the use of options or cash reserves.

Black-Scholes Model

The Black-Scholes Model provides a theoretical estimation of the price of European-style options, factoring in the stock's current price, its volatility, the option's strike price, and time to expiration, along with risk-free interest rates.

Profitably Exercised

A situation in which exercising an option leads to a financial gain.

Maturity

The date on which a financial obligation must be repaid in full, such as the expiration date of a bond or loan term.