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:

Probability

This is the estimation of an event's probability, indicated by a number from 0 to 1, where 0 is the impossibility of the event and 1 is absolute certainty.

Smart

Exhibiting intelligence and cleverness, often applied to devices with automated or responsive features due to embedded technology.

Funny

Eliciting laughter or amusement; an attribute of something that is humorous or entertaining.

Environmental Issues

Problems related to the natural environment due to human activities, such as pollution, climate change, and deforestation.

Related Questions