13-87 If an Option's Price Increases 1

question 101

Multiple Choice

13-87 If an option's price increases 1.4 percent for every 2 percent change in the price of the underlying security,what is the value of the option's delta?

• A)0.60.
• B)1.40.
• C)0.70.
• D)2.00.
• E)3.00.

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Definitions:

Mammography

A specialized X-ray technique used to examine the breast for the early detection of cancer and other breast diseases.

Genitalia

The male or female reproductive organs, including both the external parts (such as the penis or vulva) and internal structures (such as the ovaries or testes).

Genial

Pertaining to the chin or closely positioned to the chin.

Genetics

The scientific study of heredity and the variation of inherited characteristics.