Jared, Who Speaks Only English, Has Moved to Spain with His

question 70

Short Answer

Jared, who speaks only English, has moved to Spain with his family. He attends a public school. All of his school subjects are taught in Spanish. Jared is learning Spanish through _____.

---

Definitions:

Common Stock

Equity without priority for dividends or in bankruptcy.

Call Option

A financial contract giving the buyer the right, but not the obligation, to buy an asset at a predetermined price within a specific time frame.

Exercise Price

The rate at which a call option allows buying or a put option allows selling of the underlying financial instrument or commodity.

Put Option

A contractual agreement allowing the possessor the choice, not the duty, to dispose of a particular volume of an underlying asset at an agreed-upon rate before a certain deadline.