Choose the One Most Appropriate Answer for Each

question 41

Multiple Choice

Choose the one most appropriate answer for each.
-Homo sapiens

• A)shorter than modern humans, but stood upright; stocky body adapted to colder climates
• B)arose in Africa about 2 million years ago; had a significantly larger brain than earlier hominins and a gait similar to modern humans
• C)modern humans since 195,000 years ago
• D)Lucy; lived about 3.2 million years ago

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Definitions:

Put

It refers to an options contract giving the holder the right but not the obligation to sell a specified amount of an underlying security at a predetermined price within a specified time frame.

Underlying Asset

The financial asset that determines the value of a derivative instrument or structured product.

Treasury Bills

Short-term debt securities issued by the government with a maturity of less than one year, used to finance government spending.

Put Option

A financial contract giving the holder the right, but not the obligation, to sell a specified amount of an underlying asset at a predetermined price within a specific time frame.