When Using Trait Terms,it Is Important to Keep in Mind

question 107

Multiple Choice

When using trait terms,it is important to keep in mind that

• A) there are many synonyms for the trait term that could be used instead.
• B) trait terms are relative in that unstated comparisons are always being made.
• C) the trait being exhibited is subject to sudden change as in multiple personality.
• D) traits, much like most human abilities, are all "in the eye of the beholder."

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Definitions:

Stock Price Volatility

This term describes the degree of variation of a trading price series over time as measured by the standard deviation of returns.

Intrinsic Value

The inherent worth of a financial asset, determined through fundamental analysis without reference to its market value.

Strike Price

The specified price at which the holder of an option can buy (in the case of a call option) or sell (in the case of a put option) the underlying security or commodity.

Call Premium

The additional amount above the bond's face value that must be paid to redeem it before its maturity date.