DeLouis Owns an Agency That Specializes in Bringing International Buyers

question 79

Multiple Choice

DeLouis owns an agency that specializes in bringing international buyers in contact with U.S.companies to facilitate global trade. What type of intermediary is DeLouis?

• A) buyer for export
• B) export broker
• C) license agent
• D) import agent
• E) export agent

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Definitions:

Option's Value

The intrinsic and time value associated with an options contract, determining the premium at which it trades on the market.

Variable

An element, feature, or factor that is liable to vary or change.

Option Vega

A measure of an option's sensitivity to changes in the volatility of the underlying asset, indicating how much the option's price is expected to move per 1% change in volatility.

Standard Deviation

The measure indicating the amount of variation or spread in a set of data points relative to its mean.