The Elasticity of a Stock Call Option Is Always

question 48

Multiple Choice

The elasticity of a stock call option is always

• A) greater than one.
• B) smaller than one.
• C) negative.
• D) infinite.
• E) none of these.

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Definitions:

Standard Deviation

A measure of the extent to which a set of scores vary on either side of their mean value. The square root of variance. See also standard error.

Individual Score

The specific performance or result attained by an individual in an assessment or evaluation.

Dependent Samples

Pairs or groups of observations in a study that are related or matched in some way.

Normal Curve

Curve resulting from the plot of values with a normal distribution. It is often called a bell curve because of its shape.