Mentally Approximate the Quotient Without a Calculator $\left( 14 \times 10 ^ { - 10 } \right) \div \left( 0.7 \times 10 ^ { - 30 } \right)$

question 30

Multiple Choice

Mentally approximate the quotient without a calculator. $\left( 14 \times 10 ^ { - 10 } \right) \div \left( 0.7 \times 10 ^ { - 30 } \right)$

• A) \(13.3 \times 10 ^ { 40 }\)
• B) \(2 \times 10 ^ { 9 }\)
• C) \(2 \times 10 ^ { 20 }\)
• D) \(2 \times 10 ^ { 21 }\)
• E) \(13.3 \times 10 ^ { 20 }\)

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Definitions:

Put Option

An economic arrangement empowering the bearer with the right, albeit without the obligation, to sell a defined amount of a principal asset at a determined price within a set duration.

Call

An option contract that gives the holder the right, but not the obligation, to buy a specified amount of an underlying asset at a specified price within a specified time.

Put Option

An agreement that grants the holder the option, without the requirement, to sell a predetermined quantity of a fundamental asset at an agreed-upon price during a defined period.

Forward Contracts

Customized contracts between two parties to buy or sell an asset at a specified price on a future date, used for hedging or speculation.