Marti Owns an Option That Allows Him to Purchase ABC

question 57

Multiple Choice

Marti owns an option that allows him to purchase ABC stock at $50 a share.The $50 price is referred to as the:

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

---

Definitions:

Morphology

The study of the forms and structures of things, in linguistics focusing on the formation and structure of words, and in biology the structure and form of organisms.

Phonemes

The tiniest sound element in a language that can differentiate one word from another.

Morphemes

The smallest units of language that carry meaning, including prefixes, suffixes, and root words.

Semantics

The branch of linguistics and logic concerned with meaning, including the study of symbols and their meaning, the relationships between words, phrases, signs, and symbols.