If You Did Not Need Error Correction or Could Not

question 86

Multiple Choice

If you did not need error correction or could not use error correction at the transport layer,you would choose ________.

• A)IP
• B)TCP
• C)UDP
• D)None of the above.

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Definitions:

Delta

The number of stocks required to hedge against the price risk of writing one option. Also called the hedge ratio.

Underlying Asset

An asset upon which a derivative's price is based, ranging from commodities and currencies to stocks and bonds.

Call Price

The price at which a callable bond can be redeemed by the issuer before its maturity date, typically higher than the face value.