Use the Table for the Question(s)below

question 26

Multiple Choice

Use the table for the question(s) below.
Consider the following information on options from the CBOE for Merck:
-Assume you want to buy one option contract that with an exercise price closest to being at-the-money and that expires January 2009.The current price that you would have to pay for such a contract is:

• A)$680
• B)$380
• C)$650
• D)$420

Evaluate the significance of audience metrics in decisions about media content continuation or cancelation.

Grasp how corporate control of media can influence public perception and the variety of available content.

Acknowledge the importance and impact of media consolidation on consumer choice and content diversity.

Understand the impact of technology on the evolution of media and communication.

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Definitions:

Cabinet-Level Department

Departments within the executive branch of the United States government, each led by a Cabinet member who serves as an advisor to the President.

Congress

The legislative body of a country, particularly in the United States, composed of the Senate and the House of Representatives.

Acquisitive Model

A theory in public administration that suggests bureaucracies and governmental agencies are primarily motivated by the desire to expand their budgets and staff, increasing their power.

Budget

An estimate of income and expenditure for a set period of time, often used by governments to plan economic policies.