A Put Option to Sell $18,000 at a Strike Price

question 49

Multiple Choice

A put option to sell $18,000 at a strike price of $1.80 = £1.00 is equivalent to

• A)a call option to buy £10,000 at a strike price of $1.80 = £1.00.
• B)a call option on $18,000 at a strike price of $1.80 = £1.00.
• C)a put option on £10,000 at a strike price of $1.80 = £1.00.
• D)none of the above

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Definitions:

Programming Practice

A set of guidelines or best practices that are followed to produce high-quality, maintainable code.

NumberFormat

A class in Java that provides methods for formatting and parsing numbers to and from strings in a locale-sensitive manner.

Java.util.Locale

A class in Java that represents a specific geographical, political, or cultural region for tailoring information presentation.

Currency Formatting

Currency formatting involves the display of numerical data as money, adhering to the local or specified currency conventions, including the appropriate currency symbol and decimal placement.