The Choices Below Are for the Following Questions

question 79

Multiple Choice

The choices below are for the following questions. For each question, choose the letter for the real motion that is responsible for the apparent motion as seen from Earth.
-In the year A.D. 15,000, Vega will be a better north star than Polaris.

• A)Earth rotates once each day.
• B)Earth revolves around the Sun once each year.
• C)The direction of Earth's axis in space precesses with a period of 26,000 years.
• D)Stars appear to move randomly in the local solar neighborhood.
• E)The universe is expanding.

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Definitions:

Calls

Options contracts giving 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.

American Options

Options that can be exercised at any time up to the expiration date, unlike European options which can only be exercised on the expiration date.

Put Option

A financial contract giving the holder the right but not the obligation to sell a specified amount of an underlying asset at a set price within a specified time.

Exercise

The action of implementing or executing a right or option, such as the act of buying or selling an asset under the terms of an options contract.