Examlex

Solved

The Spot Price of Silver Closes at $7 Per Ounce

question 62

Multiple Choice

The spot price of silver closes at $7 per ounce at the expiration of an option contract.Which one of the following option positions will have value?


Definitions:

Positive Exponents

Refers to exponents that are greater than zero, used to denote the number of times a base is multiplied by itself.

Expression

An expression in mathematics is a combination of symbols that can represent a number, variable, operation, or a combination thereof, without an equality sign.

X

Often used to represent an unknown variable in algebraic equations or the horizontal axis in Cartesian coordinate systems.

Y

Often used to denote the dependent variable or the output value in a function, commonly represented on the vertical axis in a Cartesian coordinate system.

Related Questions