The Currency Option Strike Price of 163 Means That

question 59

Multiple Choice

The currency option strike price of 163 means that

• A) $1 is worth 1.63 units of the foreign currency.
• B) $1 is worth 163 units of the foreign currency.
• C) one unit of the foreign currency is worth $1.63.
• D) one unit of the foreign currency is worth $163.

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Definitions:

True Object-oriented Language

A programming language that inherently supports and enforces the principles of object-oriented programming such as encapsulation, inheritance, and polymorphism.

Object-oriented Structure

A programming paradigm based on the concept of "objects", which contain data in the form of fields and code in the form of procedures or methods.

Standard Input

A method or channel by which data is received by a program, typically from a user or another program.

Standard Output

A fundamental computer concept where data is sent out by a program, typically to the computer's screen.