Carie Opted to Exercise Her May Option on April 3^rd

question 59

Multiple Choice

Carie opted to exercise her May option on April 3^rd and received $1,750 in exchange for her shares.She must have owned a(n)

• A)warrant.
• B)American call.
• C)American put.
• D)European put.
• E)European call.

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Definitions:

Extrinsic

Not inherent or essential, coming from the outside, or external to something.

Heisenberg Uncertainty Principle

A fundamental theory in quantum mechanics stating that it is impossible to simultaneously determine both the position and momentum of a particle with absolute precision.

Rational Freedom

The ability to make choices based on reasoning and logical deliberation, free from irrational forces or constraints.

Emotional Freedom

The ability to consciously choose how one responds to emotions.