A Contract That Pays the Par Value of a Loan

question 116

Multiple Choice

A contract that pays the par value of a loan in the event of default is a

• A)put option.
• B)call option.
• C)digital default option.
• D)futures option.

---

Definitions:

Culture

The shared values, norms, behaviors, and artifacts of a group of people that distinguish them from other groups.

Software

Programs and operating information used by computers to perform tasks or solve problems.

Hardware

The physical components and tangible equipment that make up a computer system or other electronic device.

Symbolic Racists

Individuals who believe they are not prejudiced but hold negative attitudes towards a racial or ethnic group based on cultural or behavioral stereotypes rather than overt racial biases.