Which Best Describes the Strike Price on an Option Contract

question 14

Multiple Choice

Which best describes the strike price on an option contract?

• A)The strike price is the price that must be paid for a common share when it is bought by exercising a conversion warrant.
• B)The strike price is the price that must be paid for an option contract when it is bought or sold.
• C)The strike price is the price that must be paid for a common share when it is bought by exercising a right.
• D)The strike price is the price that must be paid for a common share when it is bought by exercising the option.

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Definitions:

ONS Instruction

A program instruction used to detect an event's transition from off to on once, providing a short pulse output in ladder logic.

One Scan

Refers to a single complete cycle or pass of a control system's logic execution, often in the context of PLC programming.

Output Unlatch

A control command or instruction that turns off or disables a previously engaged (latched) output in a PLC program or control system.

OTL

An "Output Latch" instruction in programming that sets an output to a high state until explicitly reset.