Use the Table for the Question(s) Below

question 69

Multiple Choice

Use the table for the question(s) below.
Consider the following information on options from the CBOE for Rackspace.

-Assume you want to buy five call option contracts that with an exercise price closest to being at-the-money and that expires December 2010. The current price that you would have to pay for such a contract is ________.

• A) $550
• B) $110
• C) $475
• D) $300

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Definitions:

Cost Variance

The difference between the budgeted or estimated cost of a project and the actual cost incurred.

Cost Performance Index

A measure in project management that calculates the efficiency of budget utilization by dividing the earned value by the actual costs.

Schedule Variance

The difference between the planned and the actual project progress, indicating whether a project is ahead or behind schedule.

Resource Flow Variance

Variations in the rate, timing, and quality of resources being supplied to or produced by a process.