Use the Following Information to Answer the Question(s)below

question 39

Multiple Choice

Use the following information to answer the question(s) below.
(Please use a copy of the Cumulative Probabilities for the standard normal distribution for these problems. )
Taggart Transcontinental's stock has a volatility of 25% and a current stock price of $40 per share.Taggart pays no dividends.The risk-free interest rate is 4%.
-The Black-Scholes Δ of a one-year,at-the-money put option on Taggart stock is closest to:

• A)-0.2850.
• B)0.2850.
• C)-0.3859.
• D)-0.6141.

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Definitions:

Control Orders

Legal measures imposed by governments to restrict the freedom of individuals for security reasons, often without a prior trial.

Terrorist Attacks

Acts of violence or intimidation, usually motivated by political, religious, or ideological beliefs, aimed at creating fear, disrupting societies, and achieving specific goals.

Freedom Of Movement

The right to travel freely within and between countries, often regarded as a basic human right under international law.

Hard-Line Approach

A strict and uncompromising method employed in various contexts, such as policy enforcement or negotiations, emphasizing firmness and a refusal to yield.