When the Following Equation Is Balanced Using the Smallest Possible $\rightarrow$

question 20

Multiple Choice

When the following equation is balanced using the smallest possible integers, what is the number in front of the substance in bold type? Na₂S₂O₃ + I₂ $\rightarrow$ NaI + Na₂S₄O₆

• A) 1
• B) 2
• C) 3
• D) 4
• E) 6

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Definitions:

Intrinsic Value

The actual, fundamental value of an asset, based on underlying perceptions of its true value including all aspects of the business, in terms of both tangible and intangible factors.

Call Option

A financial contract giving the buyer the right, but not the obligation, to purchase a stock or other asset at a set price within a specific time period.

Hedge Ratio

A ratio used to measure the proportion of an investment's risk that is being mitigated by a hedge, aiming to reduce potential losses.

At-the-money

A term used in options trading to describe an option where the market price of the underlying asset is equal to the option's strike price.