Which of the Following Advice Would You Give to a Friend

question 24

Multiple Choice

Which of the following advice would you give to a friend suffering from constipation?

• A) Consume foods with adequate fiber.
• B) Drink enough water.
• C) Take a laxative.
• D) a and b
• E) b and c

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Definitions:

Call Option

A financial contract giving the buyer the right, but not the obligation, to buy a stock, bond, commodity, or other asset at a specified price within a fixed time period.

Market Value

The existing buying or selling price of a service or asset in a trading environment.

Warrant

A financial instrument that gives the holder the right, but not the obligation, to buy a company's stock at a specified price before a certain date.

Convertible Bond

An investment vehicle that permits conversion into a fixed number of the issuing company's equity shares at select moments over its lifespan, usually upon the decision of the person owning the bond.