TABLE 8.1 Use the Table to Answer Following Question(s)

question 28

Multiple Choice

TABLE 8.1
Use the table to answer following question(s) .
April 19, 2009, British Pound Option Prices (cents per pound, 62,500 pound contracts) .
-Refer to Table 8.1. The May call option on pounds with a strike price of 1440 mean:

• A)$88/£ per contract.
• B)$0.88/£.
• C)$0.0088/£.
• D)none of the above

---

Definitions:

Power

Measured in watts, it describes the amount of electrical energy converted to some other form.

Light Receptacles

Devices designed to connect light bulbs with the electrical system, providing a secure physical and electrical connection.

Office Buildings

Structures designed and used to house the operations of businesses, government agencies, and professional services, often comprising multiple floors and equipped with office-specific facilities.

Parallel Circuit

A type of electrical circuit in which multiple paths for current flow are present, allowing electrical components to operate independently of each other.