A Put Option Has an Intrinsic Value of Zero If

question 78

Multiple Choice

A put option has an intrinsic value of zero if the option is

• A)at the money.
• B)out of the money.
• C)in the money.
• D)at the money and in the money.
• E)at the money and out of the money.

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Definitions:

Larger Brains

Refers to brain sizes that are significantly above average, often discussed in evolutionary biology and psychology to understand cognitive abilities.

Modern Humans

Homo sapiens, the species of hominids that represents the current form of humans characterized by advanced cognitive abilities and culture.

Chordates

A large phylum of animals that includes all vertebrates and some invertebrates, characterized by having a notochord at some stage in their development.

Spinal Cord

A long, thin, tubular structure made up of nervous tissue, which extends from the brainstem down the back, and is encased in the vertebral column, transmitting nerve signals between the brain and the rest of the body.