When the Time Period Is in Days, Such as 56

question 29

Multiple Choice

$\begin{array}{llcc} \text { Stock price } &\$57 \\ \text { Strike price} &\$60\\ \text { Time to maturity } &56 \text {days}\\ \text { Standard deviation } &79\%\\ \text { Risk-free rate } &5.1\%\\\end{array}$

When the time period is in days, such as 56 days, the input for the time period is " = 56/365"
-What is the price of the call option?

• A) $9.32
• B) $8.12
• C) $8.73
• D) $9.80
• E) $5.97

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Definitions:

Muscle Endurance

The ability of a muscle or group of muscles to repeatedly exert force against resistance for an extended period of time.

Repetitions

The number of times an exercise is performed continuously without rest, often used in the context of strength training and physical fitness routines.

Strength-training Tools

Equipment used to develop muscle strength and endurance, such as weights, resistance bands, or strength training machines.

1-RM Test

A measure of the maximum amount of weight one can lift in a single repetition for a given exercise.