In Hiring His New Assistant,Jayesh Calculates the ______ by Comparing

question 28

Multiple Choice

In hiring his new assistant,Jayesh calculates the ______ by comparing how many applications he received to how many of the applicants were qualified.

• A) yield ratio
• B) cost per hire
• C) time required to hire
• D) new hire turnover

---

Definitions:

Option

A financial derivative that gives the buyer the right, but not the obligation, to buy or sell an underlying asset or instrument at a specified strike price prior to or on a specified date.

Gamma

A measure of the rate of change of an option's delta in relation to the underlying asset's price.

Risk-Free Rate

The theoretical return on investment with no risk of financial loss, typically associated with government bonds.

American Call Option

A type of options contract that gives the holder the right, but not the obligation, to buy a specified amount of an underlying asset at a predetermined price before or at the option's expiration.