Examlex
Selling a call option on stock which you own is referred to as which one of the following strategies?
Stated Value
Stated value refers to an arbitrary value assigned to the no-par value stock by the board of directors of a company, used for accounting purposes.
Effective Yield
The total yield on an investment, taking into account all compounding periods, fees, and other factors affecting the actual return.
Stated Rate
The interest rate declared on a financial instrument, such as a bond or loan, not taking into account compounding or fees.
Par
The face value of a bond or security, often used in the context of bonds trading at, above, or below their issued price.
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