An Astronaut Stands by the Rim of a Crater on the Moon

question 87

Multiple Choice

An astronaut stands by the rim of a crater on the moon, where the acceleration of gravity is 1.62 m/s². To determine the depth of the crater, she drops a rock and measures the time it takes for it to hit the bottom. If the time is 6.3 s, what is the depth of the crater?

• A) 10 m
• B) 14 m
• C) 26 m
• D) 32 m
• E) 38 m

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Definitions:

Strike Price

The agreed-upon rate at which the possessor of an option may acquire (if it's a call option) or dispose of (if it's a put option) the underlying financial instrument or commodity.

Option

A financial derivative that gives the holder the right, but not the obligation, to buy or sell an asset at a specified price within a specified time.

American Call Option

A financial agreement granting the purchaser the option, yet not the compulsion, to purchase a stock, bond, commodity, or any asset at a predetermined price within a defined time frame.