The Price at Which the Holder of an Option Buys

question 33

Multiple Choice

The price at which the holder of an option buys or sells a share of stock when the option is exercised is called the ________ price.

• A) strike
• B) American
• C) dilutive
• D) closing
• E) spot

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Definitions:

Identifies

The action of recognizing and naming someone or something as being a particular person or thing.

Third Person

A point of view in writing or storytelling where the narrator refers to all characters with third-person pronouns such as "he," "she," "it," or "they."

Second Person

A narrative perspective using "you," which directly addresses the reader or audience in a piece of writing or speech.

On-Subject Comment

A comment or remark that is directly related to the main topic or issue being discussed.