The Average Inventory in 2014 Is(in Thousands of Dollar)

question 18

Multiple Choice

The average inventory in 2014 is(in thousands of dollar) :

• A) $12,567.50.
• B) $12,883.50.
• C) $23,837.50.
• D) $24,702.50.
• E) $25,567.50.

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Definitions:

Put Option

It's a financial arrangement granting someone the choice, but excluding the duty, to dispose of an allocated quantity of an essential asset at a certain value within an allotted interval.

Buyer

An individual or entity that purchases goods or services in a transaction.

Strike Price

The specified price at which an options contract can be exercised.

European Put Option

A financial contract that gives the holder the right, but not the obligation, to sell a specified asset at a predetermined price before or at a specified expiration date, exercisable only at the expiration.