Which Expression Is Equivalent to If (!(Grade == SentinelValue))

question 17

Multiple Choice

Which expression is equivalent to if (!(grade == sentinelValue) ) ?

• A) if (grade !== sentinelValue)
• B) if (grade != sentinelValue)
• C) ! if (grade == sentinelValue)
• D) ! if (grade !== sentinelValue)

---

Definitions:

Protective Put

An options strategy wherein an investor holds a long position in a stock and buys put options on that same stock to protect against the stock's decline in price.

T-bill Rate

The yield or interest rate paid to investors of U.S. Treasury bills, a short-term government security.

Hedge Ratio

The ratio used to determine the appropriate amount of hedging required to protect a position or portfolio from price fluctuations.

Option Smirk

A pattern on the implied volatility graph for options across different strike prices that shows asymmetric volatility, often indicating market anticipation of movement.