When Volatility Increases,the Value of a Down-And-Out Put ,And the Value

question 9

Multiple Choice

When volatility increases,the value of a down-and-out put ,and the value of a down-and-in put.

• A)increases;increases.
• B)decreases;increases.
• C)may increase or decrease;increases.
• D)decreases;may increase or decrease.

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Definitions:

Jejunum

The middle section of the small intestine, between the duodenum and ileum, which is responsible for the absorption of nutrients.

Cecum

The first part of the large intestine, into which the ileum opens from one side, and is shaped like a pouch.

Ileum

The third and final portion of the small intestine, where absorption of nutrients and minerals concludes.

Colostomy

A surgical procedure that brings one end of the large intestine out through the abdominal wall to carry stool out of the body.