Elizabeth Owns a Call Option on 100 Shares of Microsoft

question 36

Multiple Choice

Elizabeth owns a call option on 100 shares of Microsoft stock.She has decided to buy those shares.This purchase is commonly referred to as:

• A)striking the asset.
• B)expiring the option.
• C)exercising the option.
• D)putting the collar.
• E)the collar option.

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Definitions:

Wayfindr

A guidance system designed to help visually impaired people navigate indoor environments using audio instructions.

Vision-Impaired

A term used to describe individuals who have limited sight, which cannot be completely corrected with glasses or contact lenses.

Public Transportation

Systems of buses, trains, and other forms of transit that are available to the general public.

Revenue Streams

The various sources from which a business earns money from its products or services, crucial for its financial sustainability.