The Fixed Price in an Option Contract at Which the Owner

question 2

Multiple Choice

The fixed price in an option contract at which the owner can buy or sell the underlying asset is called the option's:

• A)opening price.
• B)intrinsic value.
• C)strike price.
• D)market price.
• E)time value.

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Definitions:

Days' Sales Uncollected

A financial metric reflecting the average number of days it takes for a company to collect payment after making a sale.