Find the Point $( x , y )$ On the Unit Circle That Corresponds to the Real Number

question 1

Multiple Choice

Find the point $( x , y )$ on the unit circle that corresponds to the real number $t = - \frac { \pi } { 6 }$ .Use your results to evaluate cos t. ​

• A)cos t = 1
• B)cos t = -1
• C) \(\cos t = - \frac { \sqrt { 3 } } { 2 }\)
• D) \(\cos t = \frac { \sqrt { 3 } } { 2 }\)
• E) \(\cos t = \frac { 1 } { 2 }\)

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Definitions:

Exercise Price

The predetermined price at which an option contract can be executed, determining the cost to buy (call) or sell (put) the underlying asset.

Riskless Assets

Financial instruments that are considered to have a negligible risk of loss, often associated with government bonds.

Binomial OPM

Binomial Option Pricing Model, a mathematical model used to price options by simulating different paths of price movements and calculating the payoff for each.

Borrow

The act of receiving funds from a lender with the agreement to pay back the original amount plus interest at a future date.