A Stock Is Currently Priced at $44 a Share While

question 5

Multiple Choice

A stock is currently priced at $44 a share while the $45 call option is priced at $1.22.The call option delta is .86.What is the approximate call price if the stock increases in value to $45?

• A)$0.12
• B)$0.26
• C)$0.96
• D)$1.98
• E)$2.08

Recognize the differences between servo and non-servo brake assemblies and their operation.

Learn best practices for hydraulic system maintenance and fluid handling.

Understand the functions and operations of air brake system components in trucks and trailers.

Identify and explain the regulations and compliance standards relevant to truck and trailer air brake systems, including FMVSS 121.

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Definitions:

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit columns to verify that the total debits equal total credits.

Compound Journal Entry

A compound journal entry is an accounting entry which involves more than two accounts, recording multiple debits and/or credits in a single transaction.

Affects

Influences or changes caused by one factor on another within a business or system.

Accounts

Records within financial accounting that are used to keep track of increases or decreases in specific financial components, like assets, liabilities, equity, revenue, and expenses.