The Price at Which the Holder of an Option Buys

question 81

Multiple Choice

The price at which the holder of an option buys or sells a share of stock when the option is exercised is called the ________ price.

• A) strike
• B) American
• C) dilutive
• D) none of the above

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Definitions:

Information

Data, facts, or details that provide knowledge about something or someone.

Investment Opportunity

A situation or vehicle through which an investor can potentially generate profit or gain from an allocation of resources.

Estoppel

A legal principle preventing a party from arguing something contrary to a claim previously established as truthful, especially if the other party acted upon it.

Apparent Authority

The appearance or impression given by the actions of a person that they have the authority to act on behalf of another or an entity, leading others to reasonably believe such authority exists.