Which of the Following Statements Is False

question 19

Multiple Choice

Which of the following statements is false?

• A) Object-oriented programming is today's key programming methodology.
• B) Java has become the language of choice for implementing Internet-based applications and software for devices that communicate over a network.
• C) Software commands computer hardware to perform tasks.
• D) In use today are more than a trillion general-purpose computers and trillions more Java-enabled cellphones, smartphones and other handheld devices.

---

Definitions:

Strike Price

In options trading, this is the price at which the holder of the option can buy or sell the underlying asset.

Shares

Units of ownership interest in a corporation or financial asset that provide an equal distribution in any profits, if any are declared, in the form of dividends.

European Options

Financial derivatives that give the holder the right to buy or sell the underlying asset at a specified price only at the expiration date.

Black-Scholes Model

A mathematical model of the market for an equity, in which the price of the equity is modeled as a stochastic process, used primarily to price European style options.