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If an Option's Price Increases 1

question 95

Multiple Choice

If an option's price increases 1.4 percent for every 2 percent change in the price of the underlying security,what is the value of the option's delta?


Definitions:

Emotional Intelligence

The ability to understand, manage, and use one’s own emotions in positive ways to communicate effectively, empathize with others, and overcome challenges.

Heredity

The passing on of physical or mental traits genetically from one generation to another.

Emotional Intelligence

The skill to comprehend and control one's own feelings, in addition to identifying and impacting the feelings of other people.

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