Delta

question 43

Multiple Choice

Delta

• A) is the slope of the option-pricing curve.
• B) tells how many shares of underlying stock one must hold to offset the exposure from an option position.
• C) is meaningful in terms of U.S.southern geography and in the naming of social organizations,but has no financial connotation.
• D) a and b.
• E) none of these.

---

Definitions:

Ethical Imperatives

Moral obligations or commands that are viewed as universally true and guiding principles of behavior.

Comparative Reasoning

The process of using what is more familiar to make interpretations, explanations, or inferences about what is less familiar.

Ideological Reasoning

The process of thinking that begins with abstractions or generalizations that express one’s core beliefs, concepts, values, or principles and proceeds to reason top down to specific applications. Ideological reasoning is deductive and axiomatic. The argument maker takes the ideological premises on faith.