TABLE 7.1 Use the Table to Answer Following Question(s)

question 28

Multiple Choice

TABLE 7.1
Use the table to answer following question(s) .
April 19, 2009, British Pound Option Prices (cents per pound, 62,500 pound contracts) .

-Refer to Table 7.1. The exercise price of ________ giving the purchaser the right to sell pounds in June has a cost per pound of ________ for a total price of ________.

• A) 1460; 0.68 cents; $425.00
• B) 1440; 1.06 cents; $662.50
• C) 1450; 1.02 cents; $637.50
• D) 1440; 1.42 cents; $887.50

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Definitions:

ATP Synthase

An enzyme complex that produces ATP from ADP and inorganic phosphate during cellular respiration and photosynthesis.

Hydrogen Ions

Positively charged ions (H+) formed when hydrogen atoms lose their electrons, significantly involved in acid-base chemistry.

Fermentation

A metabolic process that produces chemical changes in organic substrates through the action of enzymes, commonly used in the making of beer, wine, and bread.

Aerobic Respiration

A metabolic process in cells that uses oxygen to convert glucose into energy, producing water and carbon dioxide as byproducts.