For Each of the Following Pairs of Sentences, Select the Answer

question 40

Multiple Choice

For each of the following pairs of sentences, select the answer that correctly combines the two using an -ING modifier.
-I worked overtime and weekends. I saved enough for a down payment on a house.

• A) Working overtime and weekends, I saved enough for a down payment on a house.
• B) I saved enough for a down payment on a house working overtime and weekends.

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Definitions:

Strike Price

The predetermined price at which an option contract can be exercised to buy or sell the underlying asset.

Option's Value

The intrinsic and time value associated with an options contract, determining the premium at which it trades on the market.

Variable

An element, feature, or factor that is liable to vary or change.

Option Vega

A measure of an option's sensitivity to changes in the volatility of the underlying asset, indicating how much the option's price is expected to move per 1% change in volatility.