Three Reasons We Study Finance Include All of the Following

question 124

Multiple Choice

Three reasons we study finance include all of the following except:

• A)To make informed economic decisions
• B)To make informed personal and business investment decisions
• C)To make informed career decisions based on a basic understanding of business finance
• D)all of the above

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Definitions:

Call Option

A financial contract that gives the buyer the right, but not the obligation, to buy a stock, bond, commodity, or other asset at a specified price within a specific time period.

Stock Price

The current market price at which a share of a company's stock can be bought or sold.

Volatile

Describes an asset, security, or market characterized by rapid and significant price changes over a short period.

Option

A financial derivative that gives the holder the right, but not the obligation, to buy or sell an asset at an agreed-upon price within a certain period.