Perform the Indicated Operations and Simplify $\left( \frac { - 2 } { 3 } \right) + \left( - \frac { 5 } { 6 } \right) + \frac { 1 } { 8 } + \frac { 1 } { 16 }$

question 113

Multiple Choice

Perform the indicated operations and simplify. $\left( \frac { - 2 } { 3 } \right) + \left( - \frac { 5 } { 6 } \right) + \frac { 1 } { 8 } + \frac { 1 } { 16 }$

• A) \(- 1 \frac { 31 } { 16 }\)
• B) \(- 1 \frac { 5 } { 16 }\)
• C) \(2 \frac { 5 } { 16 }\)
• D) \(- 2 \frac { 31 } { 16 }\)
• E) \(1 \frac { 1 } { 3 }\)

---

Definitions:

Put Option

An option that gives the owner the right, but not the obligation, to sell an asset.

Call Option

An option that gives the owner the right, but not the obligation, to buy an asset.

Purchase Shares

The act of buying ownership stakes in a company, typically through its stock, offering potential for investment returns.

Protective Put

A defensive financial strategy that involves buying a put option for a stock that is already owned, giving the holder the right to sell the stock at a specified price, thereby providing a hedge against potential declines.