The Current Stock Price of Alcoa Is $70 and the Stock

question 33

Multiple Choice

The current stock price of Alcoa is $70 and the stock does not pay dividends.The instantaneous risk free rate of return is 6%.The instantaneous standard deviation of Alcoa's stock is 40%.You wish to purchase a call option on this stock with an exercise price of $75 and an expiration date 30 days from now.Based on the Black-Scholes OPM,the call option's delta will be __________.

• A) .28
• B) .31
• C) .62
• D) .70

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Definitions:

Distributive Justice

A concept concerning the fair allocation of resources among diverse members of a community.

Procedural Justice

The fairness of the processes that are used to make decisions, often emphasizing transparency and fair treatment.

Interactive Justice

The perceived fairness of personal treatment and interpersonal interactions within organizational or societal contexts.

Systemic Justice

The concept of achieving fairness and equality within the systems and structures of society, addressing systemic biases and inequalities.