What Does Vega Measure

question 5

Multiple Choice

What does vega measure?

• A) The rate of change of delta with the asset price
• B) The rate of change of the portfolio value with the passage of time
• C) The sensitivity of a portfolio value to interest rate changes
• D) None of the above

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Definitions:

Fast-food Workers

Individuals employed in the fast-food industry, typically engaged in food preparation, customer service, and other restaurant-related tasks.

Harlem

A neighborhood in the northern section of New York City, known historically as a major African American cultural, social, and artistic hub.

Part-time Work

Employment with fewer hours per week than a full-time job, often offering flexibility but with reduced benefits compared to full-time positions.

Full-time Living

The lifestyle or manner of living that involves dedicating the majority of one's time to a particular activity, job, or pursuit.