The Value of an Option If It Were to Immediately

question 51

Multiple Choice

The value of an option if it were to immediately expire,that is,its lower pricing bound,is called an option's _____ value.

• A)strike
• B)intrinsic
• C)time
• D)volatility
• E)market

---

Definitions:

Phonemes

Minimal sound units in a language that serve to distinguish words from each other.

Morphemes

The smallest units of meaning in a language, which can be a word or a part of a word (such as a prefix).

Metalinguistic Awareness

The ability to reflect on and manipulate the structural features of spoken language, such as understanding that a sentence can be interpreted in different ways.

Metaphor

A figure of speech in which a word or phrase is applied to an object or action to which it is not literally applicable, suggesting a resemblance.